society > trade and finance > management of money > insolvency > [noun] > stopping payment due to inability to pay > postponement (2)
An order granting a debtor protection against attachment of property by creditors as security for debt (see diligence, n.1 5(a)). Also: a private…
Scottish. Postponement of attachment of property as security for a debt. Cf. supersedement, n., supersedere, n. Obsolete. rare.