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Meaning of heirloom

heir•loom

Pronunciation: (âr'lm"), [key]
— n.
  1. a family possession handed down from generation to generation.
  2. property neither personal nor real that descends to the heir of an estate as part of the real property.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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