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What Is a Legacy Information System (LIS)

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What is a legacy information system (LIS) ?


Definitions:

Transferor

An individual or entity that transfers its rights or properties to another.

Complete Chain

A concept referring to a comprehensive series of connected events, processes, or components, often seen in supply chain management.

Authorized Indorsements

Pertains to the legally approved signatures or endorsements on documents, especially checks or negotiable instruments, that authorize their use or transfer.

Illegality

The state or condition of being contrary to the law or violating legal norms or provisions.

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