Meaning after-acquired property
What does after-acquired property mean? Here you find 4 meanings of the word after-acquired property. You can also add a definition of after-acquired property yourself
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after-acquired propertyn. 1) personal or real property acquired by a debtor after he/she...
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after-acquired property1) Property that a person acquires after taking on a debt, which becomes additional collateral for the debt. Typically, this occurs when the debtor has signed an agreement pledging all property as sec [..]
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after-acquired propertysee property
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after-acquired propertyn. 1) personal or real property acquired by a debtor after he/she has agreed that all his/her property secures a debt. Thus, the new property also becomes security for the debt. This includes improvem [..]
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