Examlex
Explain why the impact of failure is greater in database processing, compared with the nondatabase approach.
Proceeds
The amount of money received from a sale or transaction, often after deducting costs or expenses.
Collateral
Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to make the required payments.
Debtor
A person or organization that has a debt or financial liability to another entity.
Perfection
A legal process that gives a secured creditor priority over claims from other creditors regarding a debtor's asset.
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