Simple English definitions for legal terms
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Term: QUOAD
Definition: Quoad means "as regards" or "with regard to." It is a Latin term that is often used in legal or formal contexts. For example, if someone has a pledge, they may continue to possess it quoad the world at large, meaning they still have it in their possession but it is not fully theirs.
Definition: Quoad (kwoh-ad) is a Latin term that means "as regards" or "with regard to".
Example: With a pledge, the debtor continues to possess quoad the world at large.
Explanation: This means that even though the debtor has pledged something as collateral, they still have possession of it as far as the rest of the world is concerned. The term "quoad" is often used in legal contexts to specify the scope or extent of something.