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Revision as of 17:27, 2 October 2022 by imported>Doug Williamson (Add definition - source - linked pages.)
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1. Law.

Release from an obligation, debt or liability.

2. Law - contract.

Abbreviation for discharge of contract.

3. Duties and responsibilities.

Carrying out any duty or responsibilities.

For example, financial reporting seeks - among other purposes - to provide information about how efficiently and effectively management has discharged its responsibilities to use the reporting entity's economic resources.

See also