After-acquired property has multiple meanings in law. ==Real property== ==In other areas of law== The term `after-acquired property` also arises in the context of bankruptcy, secured transactions, and the law of wills. In this context, `after-acquired property` is simply property which is acquired by a borrower after a security agreement is si...
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http://en.wikipedia.org/wiki/After-acquired_property
n. an anuity is a, fixed sum of money granted by one party to another in fee or payment for something, to be paid regularly over a period of time, sometimes a lifetime. An annuity may be created by contract, or by will
Found on
http://www.encyclo.co.uk/local/21213
1) Property that a person acquires after taking on a debt, which becomes additional collateral for the debt. Typically, this occurs when the debtor has signed an agreement pledging all property as security for the debt. 2) Property acquired by a debtor after filing for bankruptcy. 3) Property someone acquires after making a will.
Found on
http://www.nolo.com/dictionary/after-acquired-property-term.html
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