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How many pairs of spinal nerves are there?
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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