Simple English definitions for legal terms
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Original Acquisition: The process of obtaining something for the first time. This can refer to buying something, receiving something as a gift, or obtaining something through other means. It is the initial acquisition of something, before any subsequent transfers or changes in ownership.
Definition: The act of obtaining something for the first time.
Examples:
These examples illustrate that original acquisition refers to the initial acquisition of something, whether it be a physical object or a legal right.