See Also: Passive(medicine)
passive(dictionary)
Passive(money)
Passive(finance)
PASSIVE, com(law)
passive medium(medicine)
Passive management(finance)
passive learning(medicine)
Passive portfolio(finance)
passive vasodilation(medicine)

PASSIVE, com (law)


PASSIVE, com. law. All the sums of which one is a debtor. It is used in contradistinction to active. (q.v.) By active debts are understood those contradistinction to active. (q.v.) By active debts are understood those which may be employed in furnishing assets to a merchant to pay those which which may be employed in furnishing assets to a merchant to pay those which he owes, which are called passive debts. he owes, which are called passive debts.