Simple English definitions for legal terms
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Rolling stock refers to the vehicles that are used on a railroad, such as trains, locomotives, and rail cars. These are owned by the railroad company and are used to transport people and goods from one place to another.
Definition: Rolling stock refers to movable property that is owned by a railroad, such as locomotives and rail cars.
Examples:
These examples illustrate rolling stock because they are both movable property that is owned by a railroad. The freight train is made up of multiple rail cars that are used to transport goods, while the passenger train has coaches for people to sit in and a locomotive to pull it along the tracks.