Examlex
One person's use of common resources does not reduce the enjoyment other people receive from the resource.
Security Interest
A legal claim or right granted over assets as security for the repayment of a debt or performance of some obligation.
Personal Property
Any form of property that is movable and not fixed permanently to one location, as opposed to real property or real estate.
Debtor's Possession
Refers to a situation in bankruptcy proceedings where the debtor retains possession and control of its assets while undergoing reorganization.
Security Interest
A legal claim or lien on collateral that has been offered to secure a loan, which grants the lender a right to repossession if the borrower defaults.
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