lilypadfrog
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LSDefine
Simple English definitions for legal terms
real
Read a random definition: Bureau of Industry and Security
A quick definition of real:
Real means something that is true or genuine. It can also refer to things like buildings or land that cannot be moved. In legal terms, it can mean something that is attached to an object rather than a person. When we talk about money or income being real, we mean that it is measured in terms of what it can actually buy, rather than just its face value.
A more thorough explanation:
Definition: Real is an adjective that can mean:
- Related to things that are fixed or immovable, like lands and buildings. For example, "real property" refers to land and buildings that someone owns.
- Related to a thing, whether it's movable or immovable, rather than a person. For example, "real right" refers to a legal right attached to a thing, like a property right.
- Actual, genuine, or true. For example, "real authority" refers to someone who has actual power or influence.
- Measured in terms of purchasing power, rather than nominal value. For example, "real wages" refer to wages that have been adjusted for inflation.
These examples illustrate how the word "real" can be used in different contexts to convey different meanings. For instance, "real property" and "real right" are legal terms that refer to specific types of property rights. "Real authority" and "real wages" are more general terms that describe actual or adjusted values.