Examlex
RAM is not permanent; its contents are lost forever once power is taken away from the computer.
Security Agreement
A security agreement is a legal document that provides a lender a security interest in a specified asset or property pledged as collateral, detailing the terms regarding the secured transaction.
Repossess
The act of taking back ownership of property, typically when a buyer fails to make the required payments.
Repossessing
The act of taking back possession of property, often because of failure to comply with a contract, such as defaulting on payments.
Guarantee
A formal assurance or promise, often by a manufacturer or seller, that certain conditions will be fulfilled, such as the quality or durability of a product.
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