Considering that; because of; taking into account - a formal way to introduce a reason or justification.
This phrase emerged from legal and administrative writing, where precise acknowledgment of circumstances was required. It represents the bureaucratic tendency to use elaborate constructions instead of simple words like 'because.'
This is bureaucratic language at its most bloated - seven words doing the job that 'because' does in one! It's a perfect example of how institutions develop their own verbose dialects to sound more authoritative and precise.
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