after-acquired property

Definition of "after-acquired property"
  1. Property that is obtained or gained after an event such as incurring a debt, filing for bankruptcy, or making a will
How to use "after-acquired property" in a sentence
  1. The court scrutinized his after-acquired property to determine appropriate debt repayments.
  2. The business assets she garnered post-bankruptcy are considered after-acquired property.
  3. His newly purchased house, being an after-acquired property, doesn't feature in the will he had made earlier.

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