Examlex
In contrast to Freud,Erikson
Floating Lien
A security interest in proceeds, after-acquired property, or property purchased under a line of credit (or all three); a security interest in collateral that is retained even when the collateral changes in character, classification, or location.
Collateral
Assets pledged as security for the repayment of a loan, forfeitable in the event of a default.
Secured Creditor
A creditor with the advantage of a security interest in assets of the debtor, offering protection for the credit extended.
Security Interest
is a legal claim or right granted over assets as collateral to secure the performance of an obligation, usually the repayment of a loan.
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