Define That Term #25
January 30, 2006
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And, moving on to the topic of this post, Saturday's term was seriatim, which is defined as:
(sear-ee-ah-tim) prep. Latin for "one after another" as in a series. Thus, issues or facts are discussed seriatim (or "ad seriatim"), meaning one by one in order. See also: ad seriatim.
Slickdpdx's guess was pretty close.
Today's term is:
defeasance.
to take away from?
Posted by: joltbklyn | January 30, 2006 at 03:24 PM
To lose assets (like cash) that you were responsible for?
Posted by: slickdpdx | January 30, 2006 at 11:57 PM