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Renounce

Renounce, to give up a right. An executor who declines to take probate of the will of his testator is said to 'renounce' probate. Where any person, after 1st January, 1858, renounces probate of the will...

Exeat,

Exeat, a permission which a bishop grants to a priest to go out of his diocese; also leave to go out generally.

Goodwill

has been described as the 'cement' binding together the business and its assets as a whole and a going and developing concern. A variety of elements goes into its making, and its composition varies in different trades

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Borough Council

the mayor and aldermen by the council. The councillors are elected for three years, one-third of their number going out annually. The aldermen are elected for six years, one half going out every third year. The mayor

retrocession

retrocession [French rétrocession, from Medieval Latin retrocessio retreat, from Late Latin, act of going back, from Latin retrocedere to go back] 1 : the return of title to property to its former

Should

Used as an auxiliary verb to express a conditional or contingent act or state or as a supposition of an actual fact also to express moral obligation see Shall e g they should have come last...

embargo

embargo pl: -goes [Spanish, from embargar to bar] 1 : an order of a government prohibiting the departure of commercial ships from its ports 2 : a legal prohibition on commerce [an on arms shipments] 3...

heir

heir : one who inherits or is entitled to succeed to the possession of property after the death of its owner: as a : one who by operation of law inherits the property and esp. the...

negotiable

negotiable : capable of being negotiated ;esp : transferable from one party to another by delivery with or without endorsement so that title passes to the transferee [ securities] [a certificate of deposit] see also negotiable...

remit

remit re·mit·ted re·mit·ting [Latin remittere to let go back, send back, give up, forgive, from re- back + mittere to let go, send] vt 1 a : to release from the guilt or penalty of b...

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