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TREASURY OF MERITS
Also called the Treasury of the Church. It consists of the superabundant merits of Jesus Christ and his faithful ones. such a treasury implies that good works benefit others, and that the Communion of Saints is also an intercommunication of merits, not only when a good work is performed but, under God's Providence, for all future time.
All items in this dictionary are from Fr. John Hardon's Modern Catholic Dictionary, © Eternal Life. Used with permission.