Examlex
Cryptorchidism is the descending of the testis through the inguinal canal.
Security Interest
A legal claim or lien on collateral that has been pledged, usually to secure repayment of a loan.
Debtor's Possession
Referencing an instance where individuals or entities in debt retain control over their assets while undergoing legal or financial proceedings.
Secured Transaction
A transaction in which the payment of a debt is guaranteed by personal property owned by the debtor.
Personal Property
Movable assets owned by an individual, as opposed to real property like land or buildings.
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