term:

Real

real adj

[Anglo-French, concerning land, property, or things (rather than persons), from Middle French, from Medieval Latin and Late Latin; Medieval Latin realis relating to things (in law), from Late Latin, actual, from Latin res thing, fact]
1 a : of or relating to real property [a action] see also real property at property
b in the civil law of Louisiana
: attached to a thing rather than a person [a obligation is transferred along with the thing to which it is attached] see also real right compare personal
2 : actual
3 : adjusted for inflation esp. to reflect actual purchasing power [ income]

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