Examlex
When you buy shares in a no-load fund,you will pay the NAV.
Secured Interests
Interests in personal property or fixtures that secure payment or performance of an obligation, often seen in lending and financing agreements.
Take Possession
Take possession refers to the act of assuming physical control or ownership of a piece of property or asset.
Collateral
Assets promised as security for the repayment of a loan, which can be seized by the lender if the borrower fails to repay according to the terms of the loan agreement.
Security Agreement
A legal document that provides a lender a security interest in a specified asset or property that is pledged as collateral.
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