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Term of the Day: Accede

Accede vi

1 a : to become a party (as to an agreement) by associating oneself with others [they were invited to to the covenant]
b : to express approval or give consent [the banker asks for collateral. The debtor…s, and transfers some of his property "In re Patterson, 139 F. Supp. 830 (1956)"]
2 : to assume an office or position [acceded to the governorship]
3 a : to become added by way of growth, increase, improvement, or labor [the various improvements…had acceded to the realty and had become “fixtures” "Graham v. Henderson, 608 S.W.2d 150 (1980)"]
b : to come into control or ownership of something [a trustee in bankruptcy specifically s to all property of the debtor "Directory Int'l Inc. v. Bates Mfg. Co., 91 B.R. 738 (1988)"]

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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