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LSDefine

Simple English definitions for legal terms

item

Read a random definition: unqualified ownership

A quick definition of item:

ITEM: An item is a part of something bigger, like a piece of a puzzle. It can also be a piece of paper that promises to pay money, like a check. When you write down a list of things, you can itemize them by writing each thing separately.

A more thorough explanation:

Definition: A piece of a whole, not necessarily separated. It can also refer to a negotiable instrument or a promise or order to pay money handled by a bank for collection or payment.

Example: When you go grocery shopping, each item you put in your cart is a separate item. However, if you buy a set of dishes, each dish is still considered an item even though they are part of a larger whole.

Another example of an item is a check that you write to pay a bill. The check is a negotiable instrument that the bank will handle for payment.

The term "itemize" means to list things in detail. For example, when you receive a bill, it may be itemized to show each individual charge.

Overall, an item is a distinct unit that can be part of a larger whole or a separate entity on its own.

ITC | itinerant vendor

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