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Law
Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
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quality of estate
Law; Legal
The period when the right of enjoying an estate is conferred upon the owner, whether at present or in the future.
nonrecourse
Law; Legal
Of or relating to an obligation that can be satisfied only out of the collateral securing the obligation and not out of the debtor's other assets.
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