Examlex
Money and politics are similar in that they are both __________.
Security Interest
A legal claim or lien on assets, which secures the payment of a debt or performance of some other obligation by the property owner.
Perfected
In legal and financial contexts, it refers to the completion of all necessary legal steps to validate a security interest against third parties.
Security Agreement
A legal contract in which a borrower pledges an asset as collateral for a loan, securing the interest of the lender.
Security Interest
A security interest is a legal claim or lien on collateral, granted to a lender or creditor to secure repayment of a debt or loan.
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