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Encyclopedia Britannica - Main :: ADA-AIZ |
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ADJUDICATION (Lat. adjudicatio; adjudicare, to award) , generally, a trying or determining of a case by the exercise of judicial power; a judgment. In a more technical sense, in English
resolution
scheme of arrangement has been proposed by the debtor. It may be said to consummate bankruptcy, for not till then does a debtor's property actually vest in a trustee for division among the creditors, though from the first act of bankruptcy till adjudication it is protected by a receiving order. As to the effect which adjudication has on the bankrupt, see under BANKRUPTCY. The same process in Scots law is called sequestration. In Scots law the term
heir , in order to appropriate it to himself either in payment or security of his debt. The term
court
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