period of prescription

period of prescription. The period fixed by local law as sufficient for obtaining or extinguishing a right through lapse of time. • In addition to a fixed number of years, the period includes whatever further time is allowed by local law because of infancy, insanity, coverture, and other like circumstances. See PRESCRIPTIVE RIGHT; PRESCRIPTION(3), (4), (5).
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译者晓琳,法学硕士(国际争议解决方向),擅长翻译各种与复杂跨境争议相关的法律文件。
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