21:15
Feel like I can finally stop holding my breath!! Whew!!!
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LSDefine
Simple English definitions for legal terms
collateral affinity
Read a random definition: King's Bench
A quick definition of collateral affinity:
Collateral affinity refers to the connection or relationship between two things or people that are not directly related but share a common bond or interest. For example, two people may have a collateral affinity because they both love the same type of music, even though they are not related or friends. Collateral affinity can also refer to the legal concept of a collateral attack, which is an attempt to challenge a court decision through a different legal proceeding.
A more thorough explanation:
Definition: Collateral affinity refers to the relationship between two things that are not directly related, but share a common characteristic or interest.
For example, two people may have a collateral affinity for each other because they both enjoy playing tennis, even though they have no other direct connection.
Another example of collateral affinity is when a company has a collateral affinity for a particular industry, even though they do not directly operate within that industry. For instance, a software company may have a collateral affinity for the healthcare industry because they provide software solutions for healthcare providers.
Collateral affinity can be useful in identifying potential partnerships or opportunities for collaboration, as well as in marketing and branding efforts.
Example: A clothing company that specializes in outdoor gear may have a collateral affinity for environmental conservation. By partnering with a conservation organization, the company can promote their brand to a target audience that shares their values and interests.