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Unsecured - Law Dictionary Search Results

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cross-collateral

cross-collateral : collateral given to secure preexisting unsecured debt in return for new loans

Winding-up

certain value to be estimated justly (s. 261). If the company is insolvent, the rights of secured and unsecured creditors, the admissibility of debts and claims, and the valuation of annuities and future or contingent liabilities are

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