Question: Information:  - Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum ("i.e." the amount borrowed). It is distinct from a fee which the borrower may pay the lender or some third party.  - A patent (or ) is a set of exclusive rights granted by a sovereign state to an inventor or assignee for a limited period of time in exchange for detailed public disclosure of an invention. An invention is a solution to a specific technological problem and is a product or a process. Patents are a form of intellectual property.  - A diploma (from Greek µ "díplma", meaning "folded paper") is a certificate or deed issued by an educational institution, such as a college or university, that testifies that the recipient has successfully completed a particular course of study, or (US) recording that an academic degree has been awarded. In some countries, e.g. the United Kingdom and Australia, the word diploma also refers to an academic award (e.g. diploma of higher education, graduate diploma, postgraduate diploma). Historically, it can also refer to a charter or official document, thus diplomatic, diplomat and diplomacy via the "Codex Juris Gentium Diplomaticus".  - Of non-legal obligations , collateral assurance is a bond made over and beyond the deed itself , for the performance of an agreement , or covenant , made between two individuals ; so called , for being external , and without the nature and essence of a covenant . A collateral assurance is separate but subservient to the principal contract . It usually allows for damages to be paid when the assurance is broken without allowing the principal agreement to be voided . Warranties are examples of this sort of assurance . This article incorporates text from a publication now in the public domain : Chambers , Ephraim , ed. ( 1728 ) . `` article name needed '' . Cyclopædia , or an Universal Dictionary of Arts and Sciences ( first ed. ) . James and John Knapton , et al .  - Livery of seisin is an archaic legal conveyancing ceremony, formerly practiced in feudal England and in other countries following English common law, used to convey holdings in property. The term "livery" is related to, if not synonymous with, the word "delivery" as used in modern contract law. The common law in those jurisdictions once provided that a valid conveyance of a feudal tenure in land required the physical transfer by the transferor to the transferee, in the presence of witnesses, of a piece of the ground itself, in the literal sense of a hand-to-hand passing of an amount of soil, a twig, key, or other symbol.  - In the abstract, property is that which belongs to or with something, whether as an attribute or as a component of said thing. In the context of this article, property is one or more components (rather than attributes), whether physical or incorporeal, of a person's estate; or so belonging to, as in being owned by, a person or jointly a group of people or a legal entity like a corporation or even a society. (Given such meaning, the word property is uncountable, and as such, is not described with an indefinite article or as plural.) Depending on the nature of the property, an owner of property has the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it (as a durable, mean or factor, or whatever), or at the very least exclusively keep it.  - The verb license or grant license means to give permission. The noun licence (British, Indian, Canadian, Australian, New Zealand, Irish, or South African English) or license (American English) refers to that permission as well as to the document recording that permission.  - In the law of evidence, a presumption of a particular fact can be made without the aid of proof in some situations. The types of presumption include a rebuttable discretionary presumption, a rebuttable mandatory presumption, and an irrebuttable or conclusive presumption. The invocation of a presumption shifts the burden of proof from one party to the opposing party in a court trial. Presumptions are sometimes categorized into two types: presumptions without basic facts, and presumptions with basic facts. In the United States, mandatory presumptions are impermissible in criminal cases, but permissible presumptions are allowed.  - A deed (anciently "an evidence") is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed. It is commonly associated with transferring title to property. The deed has a greater presumption of validity and is less rebuttable than an instrument signed by the party to the deed. A deed can be unilateral or bilateral. Deeds include conveyances, commissions, licenses, patents, diplomas, and conditionally powers of attorney if executed as deeds. The deed is the modern descendant of the medieval charter, and delivery is thought to symbolically replace the ancient ceremony of livery of seisin.  - A charter is the grant of authority or rights, stating that the granter formally recognizes the prerogative of the recipient to exercise the rights specified. It is implicit that the granter retains superiority (or sovereignty), and that the recipient admits a limited (or inferior) status within the relationship, and it is within that sense that charters were historically granted, and that sense is retained in modern usage of the term.  - Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, records and formally expresses a legally enforceable act, process, or contractual duty, obligation, or right, and therefore evidences that act, process, or agreement. Examples include a certificate, deed, bond, contract, will, legislative act, notarial act, court writ or process, or any law passed by a competent legislative body in municipal (domestic) or international law. Many legal instruments were written "under seal" by affixing a wax or paper seal to the document in evidence of its legal execution and authenticity (which often removes the need for consideration in contract law); however, today many jurisdictions have done away with the requirement of documents being under seal in order to give them legal effect.     After reading the paragraphs above, choose the best answer for the entity that related to 'collateral assurance' with the relationship of 'instance of'.  Choices: - academic degree  - agreement  - article  - attribute  - award  - bond  - ceremony  - charter  - component  - corporation  - court  - criminal  - deed  - degree  - delivery  - descendant  - diploma  - document  - education  - educational institution  - england  - estate  - grant  - institution  - instrument  - invention  - law  - legal term  - license  - limited  - may  - paper  - party  - patent  - payment  - period  - process  - product  - property  - public  - relationship  - rights  - sense  - set  - share  - state  - status  - study  - sum  - term  - time  - title  - verb  - will  - writing
Answer:
legal term