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

译员Roger，毕业于欧洲一流的高级翻译学院，专注翻译各种与公共及基础设施融资有关的法律文件。