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Describe monastic life in middle ages and challenges that new orders faced.
Creditors' Meeting
A gathering involving the creditors of a debtor, typically in the context of bankruptcy proceedings, to discuss matters related to the debtor's financial situation.
Interim Trustee
A temporary fiduciary appointed by the court in bankruptcy cases to manage the debtor's estate until a permanent trustee is chosen.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States, designed to standardize and simplify transactions.
Purchase Money Security Interest (PMSI)
A legal claim that allows a lender to repossess or foreclose on property if the borrower defaults on the loan used to purchase the property.
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