Examlex
Match each word part meaning with its correct word part.
-Heart
Personal Property Security Act
Legislation that provides rules for secured transactions involving personal property, ensuring interests are protected and prioritized.
Chattel Security
A type of security interest granting a lender the right to repossess personal property used as collateral if the borrower defaults.
Consumer Goods
Products and services that are purchased for personal or household use.
Collateral
Goods or property used to secure a debt.
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