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term:

Assurance

assurance n

1 a : the act of assuring
b : guarantee
2 : the act of conveying real property
;also
: the document by which it is conveyed
3 chiefly Brit
: insurance

Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
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