Definition of absolute title in English:
Guaranteed title to the ownership of a property or lease.
- In 1985 the Inuvialuit land settlement approved by government was described as ‘the first in Canada to include land ownership, both surface and subsurface, in fee simple absolute title, including the beds of water bodies.’
- It is averred that in June 1988 BCCI had absolute title to the BCCI Notes and security by virtue of the Charge over the Manlon Notes and that the Third Party Notes were delivered to BCCI.
- At one time the standard agreements provided that, although absolute title was to pass in relation to the stock lent, the collateral was transferred by way of security.
Definition of absolute title in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia