Examlex
Online transaction processing (OLTP) and online analytical processing (OLAP) are similar MIS strategies used to help with business decision making. What is the primary difference between OLTP and OLAP?
Financing Statement
A document filed to give public notice to third parties of a secured party's interest in the collateral offered by a debtor.
Perfect
To complete or make flawless; in legal terms, it often refers to making a claim or security interest legally valid or enforceable.
Insuring
The act of providing or arranging insurance as protection against a possible eventuality.
Collateral
An asset that a borrower offers to a lender as security for a loan, which can be seized if the borrower fails to repay the loan.
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