Nettet30. nov. 2024 · Perfected Lien: A security interest in the collateral that is used to secure the performance of a debt that is protected from third-party claims. A perfected lien for … Nettet7. apr. 2024 · Security Interest: A legal claim on collateral that has been pledged, usually to obtain a loan. The borrower provides the lender with a security interest in certain assets that can be repossessed ...
Perfect definition and meaning Collins English Dictionary
Nettet21. okt. 2024 · whether the security has the intended priority as against other creditors with competing security interests in the same asset (s)—see: Priority of security—overview. The term 'perfecting security' refers to steps taken following creation of the security to ensure enforceability against third parties such as creditors, liquidators and ... NettetThe meaning of PERFECTED is completed in accordance with statutory procedure for giving notice and thereby having a status of priority over security interests that are the subject of such procedure at a later date or that are not the subject of such … phoenix radio system
Perfected Definition & Meaning - Merriam-Webster
NettetThe appeal is "perfected" when the appellant (person who is appealing an judgment) has filed one of the following for the justice legal: Appeal bond - This shall a promise that who appellant will pay the judgment and anywhere associated fees if they drop their appeal. NettetSynonyms for PERFECTED: matured, grown, ripened, aged, enhanced, ripe, enlightened, mature; Antonyms of PERFECTED: primitive, rudimentary, lower, retarded, low ... NettetPLEADING, practice. The statement in a logical, and legal form, of the facts which constitute the plaintiff's cause of action, or the defendant's ground of defence; it is the … phoenix raceway tickets 2022