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will definition - finance
A legal document that carries out the last wishes of a deceased person. The will outlines how the deceased personÂ’s assets should be distributed and appoints executors to carry out those wishes. Wills must be signed and witnessed. See also estate and estate planning.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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