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At the MIT Symposium on Information Theory, George Miller presented a paper suggesting that
Livestock Auction
A public sale event where livestock animals such as cattle, sheep, and pigs are sold to the highest bidder.
Title
Title refers to the legal right to own, use, or dispose of property, whether it's real estate or personal property.
Physically Delivered
A term used in derivative markets indicating that upon contract expiration, the actual underlying asset is delivered rather than a cash settlement.
Identification
the act of determining or verifying the identity of a person or object, often through documents like ID cards or digital means.
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