Examlex
Discuss what needs to be completed, besides the calculation and interpretation of ratios, to complete an effective financial ratio analysis.
Purchase-Money Security Interest
A legal claim that allows a lender to repossess or foreclose on property financed through debt if the borrower defaults, specifically relating to the item purchased.
After-Acquired Property
Refers to assets or property acquired by a debtor after the execution of a loan agreement which may subsequently become subject to the lender's security interest.
Buyer In Ordinary Course Of Business
Describes a purchaser who buys goods in good faith and without knowledge that the sale violates another party's ownership rights or interests.
Instrument
Any writing that serves as evidence of the right to payment of money.
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