Welcome to the 1520 Perfect Dictionary
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| Collateral security | |
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| COLLATERAL SECURITY Definition: An additional and separate security for repayment of money borrowed. ______________________________________________________________________ * All six elements should be in. 1. Purposeful and necessary and demanded especially by the lender. 2. Value will be, at the least, equal to that of the main collateral. 3. Kept with a third party as selected by who is giving out money. 4. Location where kept will be secure for the period of indebtedness. 5. Worth of item is not lower at time of collection or conversion. 6. Ownership or legal encumbrances is not controversial or prevalent. _______ "UOME" | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |