👉 "Pre-state" is a term that refers to a situation in which an individual has not yet achieved or attained something, such as acquiring property or obtaining legal rights. In this sense, "prestate" implies that the individual has not yet had their rights recognized or protected.
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What is the definition of Prestated? 🙋
👉 The term "prestated" in finance refers to a specific type of financial statement that outlines an investor's investment or loan. It is typically used when there is an agreement between two parties regarding the terms of a financial transaction, such as a sale or purchase of real estate or a loan. The purpose of the pre-estimate is to provide information on the potential return on investment for a project, and to ensure that both parties are aware of the terms of the agreement before signing it.
