Examlex
In the context of monetary policy, when the Fed reduces the discount rate, banks will have to obtain funds at a higher cost.
Ownership Rights
Legal rights and claims that one has over property or assets, allowing them to use, manage, and dispose of them as they see fit.
Personal Property
Assets that are movable and not permanently attached to one location, such as furniture or vehicles.
Real Property
Land and anything permanently affixed to it, such as buildings, fences, and those things attached to the buildings.
Consideration
Consideration in law refers to something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
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