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Which prime minister declared emergency rule in 1975?
Security Interest
A security interest is a legal right granted by a borrower to a creditor over the borrower's property or assets as a security for a loan, ensuring repayment of the debt.
Present Rights
Rights that an individual or entity currently holds and can exercise immediately, as opposed to future rights.
Depreciation
The process by which a fixed asset's value decreases over time due to use, wear and tear, or obsolescence.
Defaulted
refers to the failure to meet the legal obligations of a loan, such as not making the agreed-upon payments.
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