secured transaction
secured transaction
n. any loan or credit in which property is pledged as security in the event payment is not made. (See: mortgage, deed of trust, lien, pawn, UCC-1)
单词 | secured transaction |
释义 | secured transactionsecured transactionn. any loan or credit in which property is pledged as security in the event payment is not made. (See: mortgage, deed of trust, lien, pawn, UCC-1) |
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