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English definition of “I stand corrected”

I stand corrected

formal
used to admit that something you have said or done was wrong: I stand corrected - the date of foundation was 1411, and not 1412 as I had written.Admitting and confessing
(Definition of I stand corrected from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

Definitions of “I stand corrected” in other dictionaries

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