英语词汇“waiver of exemption”的翻译、意思、用法、释义-英汉经管词典

单词	waiver of exemption
释义	waiver of exemption Definition A stipulation in a loan contract whereby the borrower waives the protection of any laws that prevent the seizure of personal property that is otherwise exempt from seizure. Such contract provisions have been prohibited by bank regulators since 1985 except in cases where property has been assigned as collateral for the loan.
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