Examlex
Like physical goods,services can be inventoried.
Collateral Mortgage
A type of mortgage where the borrower offers property as security for the loan, beyond the purchased property itself.
Foreclosure Proceedings
The legal process by which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments, usually leading to the seizure and sale of the borrower's property.
Registered Discharge
The process of officially recording the removal of a legal claim or lien against an asset, typically property.
Priority
The established order of importance or urgency, often used to determine the precedence of claims or rights.
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