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Perfection: Difference between revisions
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1. ''In the lore of security-taking'': The juridical art of making a [[security interest]] “work” - 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. This might be registration of a charge at companies house, notification to the chargor, standing on one leg at the crest of [[Kilimanjaro]] and gravely reciting a Rudyard Kipling poem. [[Magic words]], [[horcrux]]es and amulets that make the mystical, semi-divine, state of [[suretyship]] ''hum''. 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. | 1. ''In the lore of security-taking'': The juridical art of making a [[security interest]] “work” - 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. This might be registration of a charge at companies house, notification to the chargor, standing on one leg at the crest of [[Kilimanjaro]] and gravely reciting a Rudyard Kipling poem. [[Magic words]], [[horcrux]]es and amulets that make the mystical, semi-divine, state of [[suretyship]] ''hum''. 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. | ||
2. That thing that [[Voltaire's maxim|Voltaire]] said was “[[Perfection is the enemy of good enough|the enemy of good enough]]”. | 2. ''When trying to get something done''. That thing that [[Voltaire's maxim|Voltaire]] said was “[[Perfection is the enemy of good enough|the enemy of good enough]]”. | ||
{{sa}} | {{sa}} | ||