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Abstract - Indian Laws - GeneralExtract Abstract As per Black s Law Dictionary , 6th Edition, Abstract - A lesser quantity containing the virtue and force of a greater quantity; an abridgment. A transcript is generally defined as a copy, and is more comprehensive than an abstract. Summary or epitome, or that which comprises or concentrates in itself the essential qualities of a larger thing or of several things. Abstract - To take or withdraw from; as, to abstract the funds of a bank. To remove or separate. To summarize or abridge.
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