Examlex
Commercial paper has been used in various forms since the 1930s.
Amendment
A formal change or addition made to a document, law, or constitution.
Reasonable Expenses
Costs that are deemed necessary and appropriate under given circumstances, often in a legal or business context.
Junior Lienholders
Creditors who have claims on a property that are ranked below other debts in terms of repayment priority in case of default.
Collateral
A form of security provided by the borrower to the lender, consisting of property or assets, that can be taken possession of should the borrower fail to repay the loan.
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