Credit MD Website Logo Ask The Credit Doctor

Our Services
Personal Loan
Debt Consolidation
Debt Settlement
Credit Report
Home Loans
Auto Loan
Credit Card
Compare Credit Cards
LifeLock
Avoid Biz Bankruptcy
Free ID Theft Manual





Credit Education Center
Credit Card with Fair Credit
Cash Advance Payday Loan
Chase Credit Card
No Faxing Payday Loan
Home Improvement Loan
Free Debt Consolidation
Free Credit Card
Easy Home Loan
Debt Consolidation Loan
Debt Consolidation
Credit Card Offer
Credit Card Debt Counseling
Credit Bureau Report

Rocket Daddy Award

 

Financial Dictionary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y | Z

AFFIRMANCE - The confirmation of a voidable act; as, for example, when an infant enters into a contract, which is not binding upon him, if, after attaining his full age, he gives his affirmance to it, he will thereafter be bound, as if it had been made when of full age.

To be binding upon the infant, the affirmance must be made after arriving of age, with a full knowledge that it would be void without such confirmation.

An affirmance may be express, that is, where the party declares his determination of fulfilling the contract; but a more acknowledgment is not sufficient. Or it may be implied, as, for example, where an infant mortgaged his land and, at full age, conveyed it, subject to the mortgage.

AFFIRMANCE-DAY, GENERAL. In the English Court of Exchequer, is a day appointed by the judges of the common pleas, and barons of the exchequer, to be held a few days after the beginning of every term for the general affirmance or reversal of judgments.

Click Here to Go Back to the Previous Page

Financial Dictionary Main
Home : Site Map : Resource Center : Credit Center : Bad Credit Loan : Home Loans : Privacy Policy
© 2006 - CreditMD, LLC - All Rights Reserved