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Term of the Day
BusinessDictionary.com
nonclaim
Definition
Failure
to
claim
or pursue a
right
within the legally prescribed
period
, thus losing it from
legal
debarment
. See also
statute barred
. Compare with
no claim
.
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Nearby Terms
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non-cash expense
non-cash financing and investing
noncash item
noncash transaction
non-circumvention, non-disclosure (NCND) agreement
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