Examlex
A ____ ensures that users cannot unprotect a worksheet simply by clicking the Unprotect button.
Perfected
In legal terms, it refers to a state where an interest (such as a lien or security interest) is made legally enforceable and established in a manner that it has priority over the claims of others.
Collateral
Assets that are pledged as security for the repayment of a loan.
Debtor Defaults
Occurs when a debtor fails to meet the obligations of a loan or financial agreement.
Repossess Collateral
The act of taking back goods or property by a creditor from the borrower when the borrower fails to meet the terms of the loan agreement.
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