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Legal Word of the Day

Asset

generally any item of property that has monetary value

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Most Popular Legal Definitions

severance pay
An amount of money an employer owes to an employee in lieu of notice, in exchange for the employee's agreement to sever an employment contract forthwith.
silent partner
A person who invests in a company or partnership but does not take part in administering or directing the organization.
argumentative
generally refers to the characterization of a question asked by the opposing attorney which does not really seek information but challenges the truthfulness or credibility of the witness
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