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tools of trade |
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tools of trade n. in bankruptcy law, the equipment a person requires in order to pursue his occupation, and is exempt from claims of creditors. They are also generally exempt from attachment by judgment creditors since it is important for a person to earn an income to support the family and pay creditors. (See: bankruptcy) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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