n the (usually elliptical) path described by one celestial body in its revolution about another. â 1 he plotted the orbit of the moonâ. â 2 The moon orbits around the Earthâ. â 3 The planets are orbiting the sunâ. â 4 electrons orbit the nucleusâ. â 5 he's out of my orbitâ. â 6 in the political orbit of a world powerâ.
Share on Google Plus. The federal bankruptcy exemptions are a list of exemptions created by Congress that are available to bankruptcy filers in certain states. Bankruptcy exemptions determine what you are allowed to keep during and after Chapter 7 bankrupty.
The word homestead may conjure up images of pioneers staking their claim on the open prairie, but for legal purposes, a homestead simply means a person's primary residence. The term homestead exemption can refer to exemptions from property tax that homeowners can claim. It can also refer to homestead protection, which protects a person's primary residence in the case of financial hardship, such as the death of a spouse.