Examlex
Diaschisis refers to the ____.
Liens
Legal claims or holds on property as security for the payment of a debt or performance of some obligation.
Priority
The status of being more important or urgent than something else, often determining the order in which tasks or responsibilities are addressed.
Secured Transaction
Any transaction in which the payment of a debt is guaranteed, or secured, by personal property owned by the debtor or in which the debtor has a legal interest.
Collateral
Assets or property pledged as security for the repayment of a loan, subject to seizure on default.
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