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exonerate

exonerate -at·ed -at·ing [Latin exonerare to relieve, free, discharge, from ex- out + onerare to burden, from oner- onus load] 1 : to relieve esp. of a charge, obligation, or hardship 2

Winding-up

the company was solvent immediately after the creation of the charge, subject to the provisions of the s. Onerous property may be disclaimed and rights under process of execution or attachment of creditors are restricted under ss.

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