Examlex
What was the Fair Deal?
Right of Recourse
The legal right to demand compensation or payment from a third party after fulfilling an obligation, especially in financial transactions.
Discharge
(1) The termination of an obligation, such as occurs when the parties to a contract have fully performed their contractual obligations. (2) The termination of a bankruptcy debtor’s obligation to pay debts.
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, to the person possessing it.
Intelligence
The ability to acquire and apply knowledge and skills, or information gathered for analysis in contexts such as security or business.
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