Examlex
_____ needs will dominate when all needs are unsatisfied,and in such situations none of the other needs will serve as a basis for motivation.
Unsecured Creditor
A lender or creditor that extends credit without obtaining specific collateral, ranking below secured creditors in the event of a bankruptcy.
Perfect
To bring something to a state of completeness or flawlessness; in legal and financial contexts, to finalize or make an action legally binding.
Collateral
An asset offered to secure a loan or other credit, which can be seized by the lender if the loan is not repaid.
Automatic-Perfection Period
A specified timeframe following the attachment of a security interest during which the interest is considered perfected without filing.
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