Examlex
Which of the following industries accounts for the highest percentage of spending on online advertising?
Floating Lien
A type of security interest or lien that attaches to assets that are subject to change in quantity and value.
Security Interest
A legal claim or right granted to a creditor or lender over the borrower's assets as a form of security for the repayment of a loan.
Collateral
Collateral is an asset or property that a borrower offers to a lender as security for a loan, which can be seized by the lender if the loan is not repaid according to the agreement.
Enforceable
Describes a legal agreement or contract that can be upheld and compelled by law, ensuring compliance by all parties involved.
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