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Từ vựng:

purchase money security interest

Giải nghĩa:

/ˈpɜrtʃəs ˈmʌni sɪˈkjʊrəti ˈɪntrɪst/ – Phrase


Definition: Quyền thế chấp tiền mua hàng.

A more thorough explanation: a security interest taken in the goods purchased with money from the loan

Example: Without the correct PMSI documentation, your client could end up paying for property that would otherwise be dischargeable in any future bankruptcy proceeding.