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The most important of the laws protecting creditors allow the creditor to acquire a legal interest in (that is, a right in or claim to) some specific property of the debtor. This interest is enforceable if the debtor defaults (fails to pay according to the terms of the agreement) and is called a security interest. The debt is referred to as a secured debt. A creditor, who holds a security interest, is a secured creditor.
The most important of the laws protecting creditors allow the creditor to acquire a legal interest in (that is, a right in or claim to) some specific property of the debtor. This interest is enforceable if the debtor defaults (fails to pay according to the terms of the agreement) and is called a security interest. The debt is referred to as a secured debt. A creditor, who holds a security interest, is a secured creditor.
- легальный интерес
- признаваемый правом интерес
- юридический интерес
- легально интересоваться
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