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Heirloom |
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Heirloom An asset passed down within a family for several generations. Heirlooms refer to personal property, such jewelry or furniture, and not to major assets like real estate. Heirlooms often have intrinsic value, but because they may appeal to a limited demographic (family members and collectors), they may be illiquid. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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