person
person
Under Title 11 U.S.C. Section 101:
(41) The term "person" includes individual, partnership, and corporation, but does not include governmental unit, except that a governmental unit that—
(A) acquires an asset from a person—
(i) as a result of the operation of a loan guarantee agreement; or
(ii) as receiver or liquidating agent of a person;
(B) is a guarantor of a pension benefit payable by or on behalf of the debtor or an affiliate of the debtor; or
(C) is the legal or beneficial owner of an asset of—
(i) an employee pension benefit plan that is a governmental plan, as defined in section 414(d) of the Internal Revenue Code of 1986; or
(ii) an eligible deferred compensation plan, as defined in section 457(b) of the Internal Revenue Code of 1986;
shall be considered, for purposes of section 1102 of this title, to be a person with respect to such asset or such benefit.

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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  • person — per·son n 1: natural person 2: the body of a human being; also: the body and clothing of a human being had drugs on his person 3: one (as a human being or corporation) that is recognized by law as the subject of rights and duties see also …   Law dictionary

  • Person — • Discusses (1) the definition of person , especially with reference to the doctrine of the Incarnation; and (2) the use of the word persona and its Greek equivalents in connection with the Trinitarian disputes. Catholic Encyclopedia. Kevin… …   Catholic encyclopedia

  • Person — Per son, n. [OE. persone, persoun, person, parson, OF. persone, F. personne, L. persona a mask (used by actors), a personage, part, a person, fr. personare to sound through; per + sonare to sound. See {Per }, and cf. {Parson}.] 1. A character or… …   The Collaborative International Dictionary of English

  • person — per‧son [ˈpɜːsn ǁ ˈpɜːr ] also ˌlegal ˈperson noun persons PLURALFORM [countable] LAW a person or group of people who have certain rights and duties: • In Scotland, a firm is a legal person distinct from the partners of the firm. ˌartificial… …   Financial and business terms

  • person — ► NOUN (pl. people or persons) 1) a human being regarded as an individual. 2) an individual s body: concealed on his person. 3) Grammar a category used in the classification of pronouns, verb forms, etc. according to whether they indicate the… …   English terms dictionary

  • Person — Person: Das seit dem 13. Jh. bezeugte Wort (mhd. persōn‹e›) ist entlehnt aus lat. persona »Maske des Schauspielers; Rolle, die durch diese Maske dargestellt wird; Charakterrolle; Charakter; Mensch, Person«, das selbst wohl aus dem Etrusk. stammt …   Das Herkunftswörterbuch

  • person — [pʉr′sən] n. [ME persone < OFr < L persona, lit., actor s face mask, hence a character, person, prob. < Etr phersu, mask] 1. a human being, esp. as distinguished from a thing or lower animal; individual man, woman, or child: now usually… …   English World dictionary

  • Person — (de) Person (langsame) Zömmelöm (der) Person (magere) Rebbegespens (et) Person (raffgierige) Raafalles (der) Person (schwatzhafte) Schnadder (de) Person (vorwitzige) Vürwetznas (de) …   Kölsch Dialekt Lexikon

  • Person — Sf std. (12. Jh.), mhd. persōn[e] Entlehnung. Entlehnt aus l. persōna (auch: Charakter, Rolle , eigentlich Maske [des Schauspielers] ), dessen Herkunft umstritten ist. Adjektive: personal, personell, persönlich.    Ebenso nndl. persoon, ne.… …   Etymologisches Wörterbuch der deutschen sprache

  • person — early 13c., from O.Fr. persone human being (12c., Fr. personne), from L. persona human being, originally character in a drama, mask, possibly borrowed from Etruscan phersu mask. This may be related to Gk. Persephone. The use of person to replace… …   Etymology dictionary

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