Examlex
A crime becomes an act of terrorism only if it violates some section of the federal criminal code.
Security Agreement
A legal document that provides security interest in movable assets or personal property by the debtor to the creditor as collateral for a loan.
Automatically Perfected
Refers to a security interest that is deemed perfected without the need for any additional filing or action by the secured party.
Security Interest
A legal claim or right granted over assets as collateral to secure the payment of a debt or performance of some obligation.
Purchase Agreement
A legal document outlining the terms and conditions under which a sale of property will take place.
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