Examlex
The amount of turning of the front wheels compared to the amount of turning at the steering wheel is called the .........
Collateral
Assets pledged as security for repayment of a loan, subject to seizure on default.
Repossess Collateral
The act of taking back goods or property by a creditor or seller from the borrower or buyer due to defaults on payment terms.
Self-Help
A legal way to enforce a right or resolve a dispute by taking action oneself, within legal boundaries, rather than relying on law enforcement or judicial proceedings.
Intangible
An asset that does not have physical substance yet is often valuable, such as intellectual property or goodwill.
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