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Investments glossary

Nonfeasance

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Quotes of the day:

Business strategies can interestingly be assimilated with medicinal drugs. There are no better or worse strategies. There are only adequately adopted business strategies or inappropriately selected and implemented strategies.

— Abderrahman Hassi

Nonfeasance is a legal concept that refers to the willful failure to execute or perform an act or duty required by one’s position, office, or law, whereby that neglect results in harm or damage to a person or property. The perpetrator can be found liable and subject to prosecution.


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