Purchase Money Security Interest (PMSI)
A purchase money security interest secures credit used to acquire specific collateral, often with priority protections.
Secured Party Security Interests and Filings terms for secured lending, liens, guarantees, priority, recourse, filings, and lender recovery rights.
Secured Party Security Interests and Filings terms explain collateral, security interests, guarantees, recourse, creditor priority, subordination, filings, and structured collateral used to support repayment.
Use this branch when recovery depends on what the lender can claim, who supports repayment, and whether rights are enforceable and valuable.
| Term | Use it for |
|---|---|
| Purchase Money Security Interest (PMSI) | Collateral, lien, filing, guarantee, recourse, priority, subordination, secured-debt, or structured-credit support term. |
| Secured Creditor | Collateral, lien, filing, guarantee, recourse, priority, subordination, secured-debt, or structured-credit support term. |
| Secured Party | Collateral, lien, filing, guarantee, recourse, priority, subordination, secured-debt, or structured-credit support term. |
| Secured Transaction | Collateral, lien, filing, guarantee, recourse, priority, subordination, secured-debt, or structured-credit support term. |
| Security Agreement | Collateral, lien, filing, guarantee, recourse, priority, subordination, secured-debt, or structured-credit support term. |
| Security Interest | Collateral, lien, filing, guarantee, recourse, priority, subordination, secured-debt, or structured-credit support term. |
| UCC-1 Statement | Collateral, lien, filing, guarantee, recourse, priority, subordination, secured-debt, or structured-credit support term. |
Check the security agreement, filing record, collateral description, valuation date, lien priority, guarantee language, recourse terms, perfection status, covenant package, and enforcement path.
Collateral and guarantee outcomes depend on documents, law, valuation, and enforcement facts; this page is educational, not legal advice.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
A purchase money security interest secures credit used to acquire specific collateral, often with priority protections.
A secured creditor has a collateral-backed claim that may receive priority over unsecured creditors.
A secured party refers to the lender or holder of the security interest who has a legal claim to collateral offered by a borrower to secure a loan.
A secured transaction creates a security interest in collateral to support payment or performance of an obligation.
A Security Agreement is a legal document used in modern loan agreements where personal property is used as collateral under the Uniform Commercial Code (UCC).
A security interest is a legal claim in collateral that secures repayment or performance.
A UCC-1 statement is a public financing statement used to perfect a lender's security interest in collateral.