In legal terminology, “moiety” refers to a portion or share, often used in the context of property ownership or inheritance. It represents a division or fraction of something, typically an estate or property, that is divided equally or unequally among multiple parties. Moiety can also refer to a half or a part of something, especially when discussing rights, interests, or obligations. In various legal contexts, such as property law or taxation, the term “moiety” helps establish the ownership or entitlement of individuals to specific assets or interests.
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This glossary post was last updated: 29th March, 2024.
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