Examlex
Which of the following places the events in correct chronological order, from earliest to latest?
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.
Assigns
In legal terms, refers to the transfer of a property right or title to another person.
Subordinated
A classification of debt that ranks below other debts with regard to claims on assets or earnings.
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