Examlex
Approximately how many square feet of indoor space would you use if you had 16 children in your child-care center?
Mortgages
A legal agreement by which a bank or creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.
Bonds
Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, which includes terms for variable or fixed interest payments and the return of the original investment at maturity.
Purchase Money Security Interest
A security interest that arises when someone lends money to a consumer and then takes a security interest in the goods that the consumer buys.
Floating Lien
A security interest or claim against assets that are not fixed but rather change in quantity and value over time, such as inventory or accounts receivable.
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