SECURED TRANSACTION

secured transaction

glossary /

secured transaction. A business arrangement by which a buyer or borrower gives collateral to the seller or lender to guarantee payment of an obligation. • Article 9 of the UCC deals with secured transactions. See SECURITY AGREEMENT . [Cases: Secured Transactions 1. C.J.S. Secured Transactions §§ 3, 7–9, 23, 37.]

secured transaction Read More »

secured transaction

glossary / ,

secured transaction 担保交易 以在动产或不动产附属物〔fixture〕上设定担保权利为目的的一种商业安排。根据双方签订的担保协议〔security agreement〕，买受人或借款人以上述附属担保物〔collateral〕作为向出卖人或贷款人履行付款或还款义务的担保。美国《统一商法典》〔U.C.C.〕第9篇专门规定了担保交易制度。 (→security agreement)

secured transaction Read More »

Scroll to Top