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Question

What is a transaction of a security interest?

What does it mean?

Answer 1

http://en.wikipedia.org/wiki/Security_in...

A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation (usually but not always the payment of a debt) which gives the beneficiary of the security interest certain preferential rights in relation to the assets.

A transaction is an agreement, communication, or movement carried out between separate entities or objects, often involving the exchange of items of value, such as information, goods, services and money.

http://en.wikipedia.org/wiki/Transaction

Answer 2

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