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Most Americans believed in 1940-1941 that war, if it came, would come in the Atlantic with Hitler's Germany. Instead, it came in the Pacific with Japan. Why were Americans so surprised by the Japanese attack?
Secured Party
A creditor or lender that has an interest, typically in the form of a lien, in the collateral offered by the debtor to secure a loan or obligation.
Collateral
Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower defaults.
Proceeds
The total amount of money or assets that result from a particular transaction or event.
Consideration
Something of value that is given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
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