Examlex
Unlike an iron triangle, an issue network:
Creditor's Debt
An obligation owed by a debtor to a creditor, typically involving the repayment of borrowed money with interest.
Automatically Perfected
A status achieved by security interests in certain types of property upon attachment, without further legal action or filing required.
Financing Statement
A document filed by a creditor to give public notice that it has or may have an interest in the personal property of a debtor (usually in connection with a secured transaction).
Consumer Good
A commodity or a product that is produced and purchased to satisfy the personal needs or wants of the consumer.
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