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levyable property

[/ˈlɛviəbəl ˈprɒpərti/]
nounpl: levyable properties
propriedade penhorável
1. Property or assets that are subject to legal seizure or attachment by creditors or tax authorities to satisfy a debt or tax obligation
The court determined that the defendant's real estate was levyable property to cover the outstanding judgment.
O tribunal determinou que o imóvel do réu era propriedade penhorável para cobrir a sentença pendente.
2. Assets that can be lawfully confiscated or seized under judicial or administrative proceedings
All levyable property must be disclosed during bankruptcy proceedings.
Toda propriedade penhorável deve ser divulgada durante os procedimentos de insolvência.
Synonyms
attachable propertyseizable propertydistrainable property
Antonyms
exempt propertyprotected property

Regional Variations

General Brazilian
propriedade penhorável
Standard legal terminology used in Brazilian civil law
Portugal
bem penhorável
Common legal term in Portuguese civil procedure
General Brazilian
bens passíveis de penhora
Alternative phrasing emphasizing the action of seizure

Related Idioms & Phrases

subject to levy
within the reach of creditors
fair game for attachment
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