Examlex
The __________ leader who depends on clients' subordinate position for a sense of adequacy and power will tend to keep the group members powerless.
Personal Property Security Act
Legislation that outlines the rules for creating and enforcing security interests in personal property, offering a way for creditors to secure repayment of debt.
Attachment
A legal process by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor, or sold for the benefit of the creditor.
Perfection
Protection of a secured creditor’s claim, either by registering the secured obligation or by taking possession of the collateral.
Security
Collateral or asset pledged to guarantee the repayment of a loan or fulfillment of a contractual obligation.
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