Perfection - Page 4 - Law Dictionary

Natura appetit perfectum

Natura appetit perfectum; ita et lex [Lat.], nature desires perfection; so does law....

after-acquired

after-acquired : acquired after a certain event (as the perfection of a security interest) ...

preference 1 : the right to prior payment of a debt [with over the creditors of the heirs or legatees "Louisiana Civil Code"] 2 : the transfer of an insolvent debtor's interest in property to a creditor for an earlier debt that gives the creditor more than the creditor would otherwise receive (as under a bankruptcy settlement) called also voidable preference compare antecedent debt at debt, fraudulent conveyance general assignment at assignment NOTE: Preferences can be voided by a bankruptcy trustee because they diminish the bankruptcy estate out of which other creditors will be paid. Preferences must be made during a period (as 90 days before the date of filing a bankruptcy petition) established by bankruptcy law in order to be voidable. Perfection or grant of a security interest during this period is also a preference. The bankruptcy law states exceptions under which payments to creditors are not voidable preferences. 3 : priority ...

property

property pl: -ties [Anglo-French propreté proprieté, from Latin proprietat- proprietas, from proprius own, particular] 1 : something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest, possession abandoned property : property to which the owner has relinquished all rights NOTE: When property is abandoned, the owner gives up the reasonable expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, and a police officer may take possession of abandoned property as evidence without violating the Fourth Amendment to the U.S. Constitution. after-acquired property 1 : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that is usually considered part of the bankruptcy estate 2 : property acquired after the perfection of a lien or security interest ;esp : such property acquired after the creation of a lien or security interest that is subject to the lien or...

renew

renew 1 : to make like new : restore to freshness, vigor, or perfection ;specif : to prevent the lapse of (a judgment) due to expiration of a statute of limitations 2 : to do or state again [ed his objection to the evidence] 3 : to grant or obtain again or as an extension [ a lease] vi 1 : to become new or as new 2 : to make a renewal (as of a contract) re·new·abil·i·ty [-nü-ə-bi-lə-tē, -nyü-] n re·new·able [-nü-ə-bəl, -nyü-] adj ...

Citrination

The process by which anything becomes of the color of a lemon esp in alchemy the state of perfection in the philosophers stone indicated by its assuming a deep yellow color...

Consummation

The act of consummating or the state of being consummated completion perfection termination end as of the world or of life...

Defect

Want or absence of something necessary for completeness or perfection deficiency opposed to superfluity...

Dough baked

Imperfectly baked hence not brought to perfection unfinished also of weak or dull understanding...

fare thee well

state of perfection the utmost degree as they polished the furniture to a fare thee well...

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