Examlex
For typical-response tests,which format provides more information per item and thus can increase the range and reliability of scores?
Collateral
Assets pledged by a borrower to secure a loan or guarantee repayment, which can be seized by the lender if the borrower fails to pay.
Security Instrument
A legal document that creates a lien on a property, securing the repayment of a loan or performance of an obligation.
Re-filed
The act of submitting or filing a document or case again after it has been dismissed or needs correction.
Article 9
A section of the Uniform Commercial Code governing secured transactions, where a creditor has a security interest in the personal property of a debtor as collateral for a debt.
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