unperfected security interest

A security interest held by a creditor who has not established priority over any other creditor.

• The only priority is over the debtor. [Cases: Secured Transactions 139. C.J.S. Secured Transactions § 91.]

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词条贡献者

法律翻译Walker，在一家美国白鞋所担任专职法律翻译，专注翻译各类与特拉华州业务有关的法律文件。