What is APPLICATION? Definition of APPLICATION in Black's Law Dictionary
A putting to, placing before, preferring a request or petition to or before a person. The act of making a request for something. In re Meyer, 166 N.Y.S. 505, 100 Misc. 587. A written request to have a certain quantity of land at or near a certain specified place. Biddle v. Dougal, 5 Bin. (Pa.) 151. A petition. Scott v. Strobach, 49 Ala. 477, 489. Gardner v. Goodner Wholesale Grocery Co., 113 Tex. 423, 256 S.W. 911, 913. The use or disposition made of a thing. A bringing together, in order to ascertain some relation or establish some connection; as the application of a rule or principle to a case or fact.
Insurance
The preliminary request, .declaration, or statement made by a party applying for an insurance policy, such as one on his life, or against fire. Whipple v. Prudential Ins. Co. of America, 222 N.Y. 30, 118 N.E. 211, 212.
An "application" is no more than proposition to insurance company and must be accepted before there can be meeting of minds required to form binding contract.
Brouster v. John Hancock Mut. Life Ins. Co., Mo.App., 171 S.W.2d 775, 777; Kronjaeger v. Travelers Ins. Co., 124 W.Va. 730, 22 S.E.2d 689, 692.
Payments
Appropriation of a payment to some particular debt; or the determination to which of several demands a general payment made by a debtor to his creditor shall be applied.
Mere uncommunicated intention or belief on part of debtor as to application of payment to creditor is not such an appropriation as constitutes "application" by him. Delaware Dredging Co. v. Tucker Stevedoring Co., C.C.A.Pa., 25 F.2d 44, 46.
Purchase Money
The disposition made of the funds received by a trustee on a sale of real estate held under the trust.
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That's the definition of APPLICATION in Black's Law Dictionary - Courtesy of Cekhukum.com.