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Precepts are payment requisitions arising from the conviction of government agencies and entities. That is, when a government loses an action in court, a Precatory is created, which has, in practice, indeterminate term for payment. Mercatório, the first totally virtual platform for the negotiation of Precatórios, was created in order to provide liquidity to those who hold this title and to facilitate the prospection of those who want to buy
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