Purchase Money Security Interest (PMSI - pronounced "pimzee")

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Canadian Insolvency DictionaryDownload this dictionary
Purchase Money Security Interest (PMSI - pronounced "pimzee")
A security that a person takes in property, such as inventory for example, that secures payment with regard to those assets of all or part of its purchase price.


Define Purchase Money Security Interest (PMSI - pronounced "pimzee")

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| Purchase Money Security Interest (PMSI - pronounced "pimzee") in English