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Glossary of Legal, Business and Financial Terms

This glossary contains definitions of common legal terms, as well as words and phrases related to business and finance. Some terms may have different meanings based on the area of law or the context in which they are used.

Living will

A written document made by a competent adult declaring that if he/she becomes terminally ill and incompetent, life-sustaining procedures should not be used to postpone his/her death.

See Also:

Advance medical directive

Personal directive