real
- Pertaining to tangible and immovable property like land and buildings
- Relating to rights or obligations connected to objects, not individuals
- Referring to monetary value considering changes in the cost of living or inflation to determine true purchasing ability
- The contract clearly stated that the real agreement pertained to the land, not personal assets.
- In business law, real rights refer to claims against property or goods rather than against a particular individual.
- In the economic assessment, the real wage was calculated to check the employees’ ability to afford goods and services despite the inflation.
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