free and clear

free and clear definition - business

free and clear

Of or referring to real property against which there are no claims. For example, land without a lien or outstanding legal judgment is free and clear.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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