Examlex
Provide examples of primary and secondary reinforcers.
Time of Perfection
The point at which a security interest is legally established against third parties, typically by filing or possession.
Time of Attachment
The point at which an interest, typically a security interest, becomes legally binding on the asset to which it attaches.
Right of Redemption
A legal right that allows a debtor to reclaim their property or mortgaged estate after paying off their debts, even after foreclosure.
Deficiency Judgment
A judgment against a debtor for the amount of a debt remaining unpaid after collateral has been repossessed and sold.
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