Examlex
In a setting where there is no risk that a firm will default, leverage ________ the risk of equity.
Security Interest
A legal claim or lien on property as collateral for the repayment of a debt, securing an interest in the property for the creditor.
UCC Article 9
A provision of the Uniform Commercial Code dealing with secured transactions, including the assignment of security interests in personal property.
Contract Rights
Legal entitlements derived from agreements between parties, which outline obligations, benefits, and conditions agreed upon.
Assignable
Capable of being transferred or made over to the legal control of another party, commonly referring to rights or property under contract.
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