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A sequential hermaphrodite that switches from male to female is
Personal Property Security Act
Legislation governing the use of personal property as security for a loan or obligation, detailing rights concerning collateral.
Security Interest
A legal claim or lien on collateral that has been pledged, usually to secure repayment of a loan.
Guarantee
A written commitment whereby a guarantor agrees to pay a debt if the debtor does not.
Indemnity
A contractual obligation of one party to compensate for the loss or damage incurred by another party.
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