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Từ vựng:

power of advancement

Giải nghĩa:

/ˈpaʊər ʌv ədˈvænsmənt/ – Phrase


Definition: Quyền tiến triển.

A more thorough explanation: the authority that allows a trustee to pay money from a trust fund in advance to a beneficiary before the beneficiary is due to receive payment

Example: Payments made under the power of advancement must be taken into account when the beneficiaries who receive them later become entitled to capital.

 

 
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