What is the meaning of termination?

termination is the action taken by a secured party to end or give up its interest in collateral. For personal property collateral, a termination may be entered into the public record by using a standard form called a UCC-3.

3
 
|15 years ago|759 views|share |citing 
APABarry Goldsmith. (2010). termination. Retrieved September 20, 2026, from http://smartdefine.org/termination/definitions/1165092
ChicagoBarry Goldsmith. 2010. "termination" http://smartdefine.org/termination/definitions/1165092 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, termination, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/termination/definitions/1165092>.
MLABarry Goldsmith. "termination" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/termination/definitions/1165092>
{ class="autoclick" }next definition (/)