Examlex
A change in interest rates has effect on prices of bonds than on prices of bonds.
Certificate of Title
An official document indicating ownership of property, such as real estate or a vehicle.
Perfect
To complete or make flawless; often used in legal contexts to denote the finalization of a right or claim.
Perfection by Possession
A process in secured transactions where a creditor secures an interest in the collateral by taking physical possession of it, ensuring priority over other creditors.
Perfection by Filing
A legal process involving the filing of documents to protect a secured interest in a debtor's collateral, ensuring priority over claims from other creditors.
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