future advance

future advance. Money secured by an original security agreement even though it is lent after the security interest has attached. [Cases: Secured Transactions 20, 114. C.J.S. Secured Transactions §§ 18, 83.]

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词条贡献者

资深译员Christina，毕业于英国一流的高级翻译学院，擅长翻译涉及教育培训领域的法律文件。