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TIB
(redirected from Trustee in bankruptcy)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
AcronymDefinition
TIBTibetan
TIBTechnische Informationsbibliothek (Germany)
TiBTebibyte (2^40 bytes)
TIBTechnical Information Bulletin (Sprint)
TIBTransportation Improvement Board
TIBThe Independent BankersBank (Irving, Texas)
TIBThe Information Bus(TIBCO Software, Inc)
TIBTake It Back (Pink Floyd song)
TIBTemporary Importation Under Bond (customs)
TIBTops In Blue (US Air Force talent show)
TibTebibit (2^40 bits)
TIBTag Information Base (Cisco)
TIBTemporary Import Bond
TIBTrustee in Bankruptcy (UK)
TIBTransport de les Illes Balears (Catalan: Transport on the Balearic Islands)
TIBThrift Investment Board
TIBTotal Time in Bed
TIBTask Information Base (ITU-T M 3000)
TIBTest Interface Board
TIBText Input Box
TIBTactical Intelligence Battalion (US Army)
TIBTarget Indicator Bomb
TIBTechnology Investment Board
TIBTenant's Improvements and Betterments (insurance)


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They are responsible for acting as your trustee in bankruptcy and are required to oversee the liquidation of your assets and the fair distribution of them to your creditors.
You each are under an obligation to comply with the terms of the deed and so, for example, if one of you were to die or be judged bankrupt, the executor or trustee in bankruptcy would need to comply with the terms of the deed.
In September 2007 the Trustee in Bankruptcy, acting on behalf of the tenants, gave the Council notice that they would leave the farm in September 2008.
 
 
 
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