Definition of financing statement

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TeachMeFinance.com - explain financing statement



financing statement -- a document filed at a public office that serves as public notice to any interested parties that a lender has established a security interest in property pledged as collateral.

historic definition...

Financial statement -- Same as balance sheet; see Balance sheet.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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