Examlex
In a multiple regression model, the proportion of the variation of the dependent variable, y, accounted for the independent variables in the regression model is given by the coefficient of multiple correlation.
Security Interest
A legal claim or lien on collateral that has been pledged, usually to obtain a loan, that provides a lender the right to repossession if the borrower defaults.
Collateral
An asset or property that a borrower offers to a lender as security for a loan.
Secured Party
An individual or entity that holds an interest in a secured transaction, typically a lender with a security interest in the collateral provided by a borrower.
Debtor
An individual or organization that owes money to another party, known as the creditor.
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