The institution of money encompasses many formal organizations, including banks and government treasury departments and stock exchanges, which may be termed, institutions, as well as subjective experiences, which guide people in their pursuit of personal well-being.
A covenant is a type of contract in which the covenantor makes a promise to a covenantee to do (affirmative covenant) or not do some action (negative covenant). In real property law, the term real covenants is used for conditions tied to the use of land.
uk â /ËsiËs.faÉªÉr/ us â /ËsiËs.faÉªr/. âº an agreement, usually between two armies, to stop fighting in order to allow discussions about peace: declare a ceasefire. Thesaurus: synonyms and related words.