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SUITORS’ DEPOSIT ACCOUNT

glossary / SUITORS' DEPOSIT ACCOUNT

SUITORS’ DEPOSIT ACCOUNT

Suitors’ Deposit Account. An account consisting of suitors’ fees paid in the Court of Chancery that, by the Chancery Act of 1872, were to be invested in government securities bearing interest at 2% per annum on behalf of the investing suitor, unless the suitor directed otherwise.
How to translate the legal term SUITORS’ DEPOSIT ACCOUNT in Chinese?
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