Examlex
The functional dependency noted as A → B means that the value of A can be determined from the value of B.
Novation
The replacement of an original contract with a new one, where a new party takes over the rights and duties of the original party, with the consent of all parties involved.
Extended Credit
A financial arrangement that allows borrowers extended time to pay off a debt beyond the typical due date, often involving interest or financing fees.
Release
In legal terms, a contract or agreement which frees one or more parties from liability, claims, or obligations.
Liability
Legal responsibility for one's actions or omissions, which can result in an obligation to compensate for any resulting damages or losses.
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