Vasubandhu's Abhidharma tradition, a Buddhist competitor to the Madhyamaka reading, holds that dharmas—the momentary constituents of persons—do strictly exist as ultimate entities, grounding conventional truths about persons in real causal streams.
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Things that truly and fundamentally exist on their own, as opposed to things that only seem to exist because we group other things together.
Vasubandhu(the subject of the argument being discussed)
An ancient Indian Buddhist philosopher (around 4th-5th century) who developed sophisticated theories about the mind and reality, particularly the idea that everything we experience might be mental constructs rather than external objects.
dharmas(Buddhist Abhidharma philosophy)
The constituent elements or phenomena of experience, enumerated in Buddhist Abhidharma literature; categorized as either conditioned (arising from causes and having effects) or unconditioned (having no cause and no effect)