Examlex
An organization can accelerate cash deposits and prevent lapping by ______________________________.
Perfection
The process of securing a security interest against third parties, especially in relation to secured transactions.
Secured Party
A lender or seller who holds a security interest.
Mortgagor
The borrower in a mortgage agreement who pledges property to the lender as security for the loan.
Mortgagee
The lender or financial institution that provides a loan for the purpose of purchasing a property, holding a lien on the property until the mortgage is repaid.
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