onerous property
C2CEFR level
93/100Rarity: very rare
TechnicalRegister
Assets or contracts whose ongoing burdens outweigh their value, which a liquidator may disclaim to shed the liability.
The trustee disclaimed the loss-making lease as onerous property rather than keep bleeding rent.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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