Perfection: Difference between revisions

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{{a|glossary|}}{{a|security|}}The art of making something - in legal circles, often a {{tag|security interest}} like a {{t|fixed charge}}, perfect: tickety-boo, compliant with all [[formalities]] and enforceable in a court of your choosing.
{{a|glossary|}}{{a|security|}}The art of making something - in legal circles, often a {{tag|security interest}} like a {{t|fixed charge}}, perfect: tickety-boo, compliant with all [[formalities]] and enforceable in a court of your choosing.


Sadly, the [[financial Collateral Directive]] has taken much of the fun out of this, by rendering it basically unnecessary: if i charge counts as a “[[financial collateral arrangement]]”, the formal registration and perfection requirements which would otherwise apply (eg notification; registering the [[security interest]] with the registrar of companies, the hilarious pantomime of the [[Slavenberg]] filing) do not apply.
Sadly, the [[financial Collateral Directive]] has taken much of the fun out of this, by rendering it basically unnecessary: if i charge counts as a “[[financial collateral arrangement]]”, the formal registration and perfection requirements which would otherwise apply (eg notification; registering the [[security interest]] with the registrar of companies, the hilarious pantomime of the [[Slavenburg]] filing) do not apply.


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*[[Fixed charge]]
*[[Fixed charge]]
*[[Financial Collateral Directive]]
*[[Financial Collateral Directive]]
*[[Slavenburg]]
*[[You must be joking|Fairground Attraction]]
*[[You must be joking|Fairground Attraction]]


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Revision as of 16:07, 4 November 2019

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
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The art of making something - in legal circles, often a security interest like a fixed charge, perfect: tickety-boo, compliant with all formalities and enforceable in a court of your choosing.

Sadly, the financial Collateral Directive has taken much of the fun out of this, by rendering it basically unnecessary: if i charge counts as a “financial collateral arrangement”, the formal registration and perfection requirements which would otherwise apply (eg notification; registering the security interest with the registrar of companies, the hilarious pantomime of the Slavenburg filing) do not apply.

See also