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Charge Against Property
A claim or encumbrance against real estate used as collateral for debt repayment or obligation fulfillment.
Compensation
Financial or other forms of reimbursement provided to individuals or groups for services rendered or as reparation for losses.
Bailee
A person or entity that has been given temporary possession, but not ownership, of personal property by another party known as the bailor.
Bailment
The act of temporarily placing control over or possession of personal property in the hands of another, under agreement.
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