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american law motrgage information
A rule of conduct or procedure established by custom, agreement, or authority. The body of rules and principles governing the affairs of a community and enforced by a political authority; a legal system: international law. The condition of social order and justice created by adherence to such a system: a breakdown of law and civilized behavior. A set of rules or principles dealing with a specific area of a legal system: tax law; criminal law. A piece of enacted legislation. What is Law?

Deposit

A deposit is a specific sum of money taken and held on account, by a bank as
a service provided for its clients. A financial institution wishing to take
deposits are generally required be under financial supervision, and to hold
a banking license.

The sum of the held deposits represents an asset, which the bank in turn can
use to give loans.
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