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Class action suit

A lawsuit brought by one Party on behalf of a group of individuals all having the same grievance.

Related Terms: 2 Party, UIT
Other Related Pages: Category: Law_and_Estate_Planning Starting With: C
Additional Related Terms: Above par, Accrual of discount, Amortization of premium, At par, All or any part, Antitrust laws, All-risks coverage, Add-on service, Abstract of title, Attorney in fact