Examlex
The ________ union is the largest private sector union in Canada.
After-Acquired Inventory
Inventory obtained by a company after it has granted a security interest in its inventory to a creditor, which may also fall under the security interest for that creditor.
Financing Statement
A document filed to give public notice of a secured transaction, thereby establishing a lender's security interest in the borrower's collateral.
Avalanche
In finance, an avalanche method refers to a strategy of paying off debts by starting with the highest interest rate debt first.
Security Interest
A legal claim or lien on collateral that has been pledged, typically to obtain a loan, ensuring the right to take possession if repayment is not made.
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