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Simple English definitions for legal terms

indenture of trust

Read a random definition: wager of law

A quick definition of indenture of trust:

Indenture of Trust: A legal document that outlines the terms and conditions of a trust agreement. It is usually created when someone wants to set up a trust to manage their assets and ensure they are distributed according to their wishes. The indenture of trust is a binding agreement between the trustee and the beneficiaries, and it outlines the responsibilities and duties of each party involved.

Independence: The ability of a country to make its own decisions without being controlled by other countries. This means that the country can manage its internal and external affairs without interference from other nations. Independence is an important concept for countries because it allows them to have control over their own destiny and make decisions that are in the best interest of their citizens.

A more thorough explanation:

Definition: An indenture of trust is a legal document that outlines the terms and conditions of a trust agreement. It is a type of trust agreement that is used to manage assets for the benefit of a beneficiary.

Example: A company issues bonds and creates an indenture of trust to ensure that the bondholders are paid back their principal and interest. The indenture of trust outlines the terms of the bond, such as the interest rate, maturity date, and payment schedule.

This example illustrates how an indenture of trust is used to protect the interests of the bondholders and ensure that they are paid back according to the terms of the bond agreement.

Definition: Independence refers to the state or quality of being free from control or influence by others. It can also refer to a country's ability to manage its own affairs without interference from other countries.

Example: The United States declared its independence from Great Britain in 1776. This meant that the United States was no longer under the control of Great Britain and was free to govern itself.

This example illustrates how independence can refer to a country's freedom to manage its own affairs without interference from other countries.

indenture of a fine | independent

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1a2b3c4d26z
19:42
top 5 of all time and it aint 4
babycat
19:43
We sharing Goodreads on here?
1a2b3c4d26z
19:43
jurassic park unironically good
1a2b3c4d26z
19:43
crime and punishment top 1
1a2b3c4d26z
19:43
im okay with being called basic for that one
2big2fail
19:44
im gatekeeping my current book
Dkk
19:44
@2big2fail: looks like an Aristotle wannabe.
2big2fail
19:44
whatever. im just reading the financial times
1a2b3c4d26z
19:44
ft goated
concorde
19:45
I hate Dostoevsky
2big2fail
19:45
studying cloud computing, not the cloud of unknowing
babycat
19:45
@1a2b3c4d26z: serotonin is my fave houellebecq
1a2b3c4d26z
19:45
chefs kiss mwah
2big2fail
19:45
i honestly dont understand why people like houellebecq
1a2b3c4d26z
19:45
I'll try to describe how I feel about him
2big2fail
19:46
my favorite french authors are balzac and proust, as basic as that is
1a2b3c4d26z
19:46
basically I read his book and the whole time I read it I liked it so I finished it and I said hm I liked that book written by the author houellebecq
1a2b3c4d26z
19:46
balzac hahaha
2big2fail
19:46
lost illusions is goated
does it take longer to hear back if u applied to scholarships for schools like ucla???
Dkk
19:47
For Houellebecq I have only read https://en.wikipedia.org/wiki/Atomised
JumpySubsequentDolphin
19:47
you guys should read averroes
also do we think ucla wont do a wave tmw cuz they did a tiny one tonight, can schools do 2 days ina. row
JumpySubsequentDolphin
19:47
perhaps read the incoherence of philosophy first and then read averroes’ response: “the incoherence of the incoherence”
2big2fail
19:47
@Dkk: i read that one. just thought it was boring and not really in touch with reality
JumpySubsequentDolphin
19:47
SPLITTY usually they’re Friday!
Dkk
19:48
@2big2fail: I agree.
HUH then what the heck is this wave tonight ab are they tryna give us an attack???
babycat
19:49
@texaslawhopefully: don’t really remember it but my ibooks library says i read it in 2020. that whole year is a haze.
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