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Term of the Day: Resolution
Resolution n1 : a formal expression of opinion, will, or intention voted by an official body (as a legislature) or assembled group see also concurrent resolution, joint resolution
2 : an expression or document containing authorization usually by a corporate board of directors of a particular act, transaction, agent, or representative [a corporate authorizing counsel to bind the corporation to a settlement]
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
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