Examlex
Match each term with its definition.
-Common method of screening for near vision acuity
Purchase-Money Security Interest
A legal claim that allows a lender to repossess or foreclose on property if the borrower fails to repay a loan used to purchase the property.
Collateral
Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to make required payments.
Secures
Generally refers to providing protection or ensuring the enforcement of a legal agreement, often involving financial assets as collateral.
Ordinary Course
Actions and transactions that are considered normal or routine within the scope of a business's operations or an individual's usual undertakings.
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