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Colorado Nonprofit Association

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Glossary of Terms

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

 

Liability: Any enforceable legal obligation. For example, the failure to meet the duty of care of a reasonable person under similar circumstances.

Long-term care insurance: A series of maintenance and health services provided to the chronically or mentally ill or the disabled on an ongoing basis.

 

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