release is a document or a process in which a secured party gives up its collateral interest in the property of the debtor. Releases may be for all of the property of the debtor or may be partial. For example, if a real estate developer has pledged 10 lots as collateral for a loan, a partial release may be used for each lot as it is sold. For personal property collateral, a release may be entered into the public record by using a standard form called UCC-3.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). release. Retrieved September 20, 2026, from http://smartdefine.org/release/definitions/1162152 |
| Chicago | Barry Goldsmith. 2010. "release" http://smartdefine.org/release/definitions/1162152 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, release, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/release/definitions/1162152>. |
| MLA | Barry Goldsmith. "release" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/release/definitions/1162152> |