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Debtor
is an individual or entity that owes money or an obligation to another party, known as the creditor.
Security Agreement
A legal contract that grants a lender a security interest in an asset, serving as collateral for a loan.
Secured Interest
A legal claim or a security interest granted by the debtor to the creditor over the debtor's property, ensuring the property serves as collateral for the repayment of a debt.
Debtor Agreement
A contract between a debtor and creditor outlining the terms for repaying the debt owed.
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