Abatement of debts and legacies is a common law doctrine of wills that holds that when the equitable assets of a deceased person are not sufficient to satisfy fully all the creditors, their debts must abate proportionately, and they must accept a dividend.
And I gave this directive to them, that if they free our assets in the United States, that would be a sign of goodwill. I have the same idea this time. Akbar Hashemi Rafsanjani
Certainly if we hope do enhance and extend whatever natural assets we were given, we must expect to make an effort, if not actually great labor. Dixie Carter
Historians still often see the end of the war as meaning nothing more for Germany than lost territories, lost participation in colonization, and lost assets for the state and individuals. They frequently overlook the most serious loss that Germany suffered. Gustav Stresemann
If these assets were set up as a revolving fund with which Japan could import raw materials for its industries, Japanese exports could again enter the channels of world trade-and Japanese workers would have employment and something to eat. James Forrestal
In my mid 30's, after a decade or so of giving full time to the music thing and finding myself with about $10 in the bank and no assets other than my musical equipment, I realized I needed to get serious about making a living. Mark Edwards
In our excessive involvement in the affairs of other countries, we are not only living off our assets and denying our own people the proper enjoyment of their resources; we are also denying the world the example of a free society enjoying its freedom to the fullest. J. William Fulbright
Industry observers said that the specification may enable developers to reuse components and development assets that, despite the productivity benefits, have not been used to their potential in the past.
InfoWorld - 4 Sep 2000 - Page 16
Instead of seeing these children for the blessings that they are, we are measuring them only by the standard of whether they will be future deficits or assets for our nation's competitive needs. Jonathan Kozol
Later the Administration wanted me to actually sell all remaining surplus by running the War Assets Corporation. I said I couldn't do it without some shoe leather. Stuart Symington
That fallacy flies in the face of studies that show, every day, in every way, things are getting a little worse for America's minorities relative to the progress made by those in the top percentiles of assets and income. Harold Washington
The death tax causes one-third of all family-owned small businesses to liquidate after the death of the owner. It is also an unfair tax because the assets have already been taxed once at their income level. Ric Keller