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Simple English definitions for legal terms
paper
Read a random definition: rien luy doit
A quick definition of paper:
Definition: Paper is a material used for writing or printing information. It can also refer to any written or printed document. Sometimes, paper can be used as a way to show that someone owes money, like a special kind of note. There are different types of paper that banks use, like checks or bills, that can be used like cash. Some papers are made so that anyone who has them can use them, while others are only for specific people.
A more thorough explanation:
Definition: Paper refers to any written or printed document or instrument. It can also refer to a negotiable document or instrument that represents a debt, such as commercial documents or negotiable instruments considered as a group.
Examples:
- A printed contract between two parties
- A check that represents a payment to be made
- A promissory note that represents a debt owed by one party to another
These examples illustrate how paper can be used to represent agreements, debts, and payments between parties. They can be used as evidence in legal proceedings and can be negotiated or transferred to other parties as a form of payment or debt repayment.