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Thing in action
Practical Law ANZ Glossary w-018-1071
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Glossary
Thing in action
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Also known as "chose in action". The bundle of personal rights over property that can only be claimed or enforced by legal action, and not by taking physical possession, for example, a cash balance at a bank or money due on a
bond
.
End of Document
Resource ID
w-018-1071
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Law stated as at 14-Dec-2022
Resource Type
Glossary
Jurisdiction
New Zealand
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