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Definition: an agreement that is not in writing, an oral agreement
Pronunciation: \ˈper-əl, ˈpa-rəl\ \ə-ˈgrē-mənt\
Used in a Sentence: Some parol contracts are recognized by law as enforcea...
Definition: a loan covering both real and personal property
Pronunciation: \ˈpa-kij\ \ˈmȯr-gij\
Used in a Sentence: When buying the restaurant we used a package mortgage to include the cook...
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