Examlex
The tone of _____ communication tools is generally more formal, professional, authoritative, and well crafted.
Ordinary Course
Pertains to regular business activities and operations conducted by an entity under normal circumstances.
Security Interest
A financial mechanism that gives a lender priority over the borrower's assets or property in the case of default.
Financing Statement
A document filed by a creditor to indicate a security interest in the personal property of a debtor, used to perfect a lien.
Perfection
In the context of securing interests in property, it is the process of completing all required legal steps to enforce a security interest against third parties.
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