Definitions of after-acquired


after-acquired property under US LAWdescribes property that a debtor acquired after signing a loan agreement, property that a bankruptcy estate acquires after the start of bankruptcy proceedings or property acquired by a person after making a will

The agreement contained a provision giving the bank a security interest in all property the debtor currently owned and any after-acquired property.


the after-acquired evidence doctrine under US LAW holds that if an employer unlawfully dismisses an employee, and then later finds a lawful reason to justify the dismissal, the employee cannot sue to get back his or her job

The US Supreme Court held that after-acquired evidence was admissible in job discrimination cases but cannot be used to dismiss the case.