Definitions for "Poinding"
(pronounced ‘pinding’) A form of diligence for the attachment of corporeal moveable property.
A form of diligence enabling the attachment of a debtor's moveable property by the creditor
diligence (enforced by letter under the signet called "letters of poinding") whereby ownership of a debtor's moveable property is transferred to his creditor. "Real poinding" or "poinding of the ground" is the poinding of goods lying on lands which are a security for the debt; "personal poinding" is the poinding of moveables which are then sold at auction (or "made penny of" in the usual phrase) the proceeds of which are used to pay the debt. If there is more than one creditor, there may be an action of multiple poinding raised by the debtor