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Disinterested Third Party
A disinterested third party is an unbiased individual or entity that is not involved in the matters at hand, ensuring impartiality in decision-making processes or disputes.
One Percent
Often refers to the segment of the population that holds a disproportionately large share of wealth and economic power.
Security Interest
A legal right or claim on assets granted to a creditor to secure the repayment of a debt or obligation.
Perfection
The process of securing a security interest against third parties, especially in relation to secured transactions.
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