financing statement — n: a statement that contains information about a security interest in collateral used to secure a debt and that is filed to provide notice to other creditors of the security interest see also perfect b uniform commercial code in the important… … Law dictionary
financing statement — Form prescribed under the Personal Property Security Act setting out essential information such as the name of the debtor and the collateral; the secured party must file the financing statement at the Personal Property Registry to perfect a… … Glossary of Bankruptcy
financing statement — A document setting out a secured party s security interest in goods. A document designed to notify third parties, generally prospective buyers or lenders, that there may be an enforceable security interest in the property of the debtor. Villa v.… … Black's law dictionary
financing statement — A document setting out a secured party s security interest in goods. A document designed to notify third parties, generally prospective buyers or lenders, that there may be an enforceable security interest in the property of the debtor. Villa v.… … Black's law dictionary
UCC-1 financing statement — USA UCC 1, Also known as a UCC 1 financing statement and a financing statement. A record or records composed of an initial financing statement and any filed record relating to the initial financing statement (UCC § 102(39)). In accordance with… … Law dictionary
UCC-3 financing statement — USA UCC 3 financing statement, Also known as a UCC 3, UCC 3 financing statement amendment and, in the context of termination of a UCC 1 financing statement (UCC 1), a UCC 3 termination statement … Law dictionary
UCC-3 financing statement amendment — USA UCC 3 financing statement, Also known as a UCC 3, UCC 3 financing statement amendment and, in the context of termination of a UCC 1 financing statement (UCC 1), a UCC 3 termination statement … Law dictionary
UCC Financing Statement — A standardized form that a lender files with a state agency (usually a Secretary of State) to secure an interest in personal property that the borrower used as collateral for a loan. Also called a UCC 1 Form. Category: Business, LLCs &… … Law dictionary
financing statements — Forms, usually standard UCC 1 forms, that are required by Article 9 of the UCC to be recorded in a designated public location in order to perfect a creditor s lien in personal property collateral. The financing statement is used as a vehicle for… … Financial and business terms
statement of cash flows — USA statement of cash flows, Also known as cash flow statement. In financial accounting, a financial statement that shows a company s incoming and outgoing money (sources and uses of cash) during a time period (often quarterly or annually). The… … Law dictionary
