OnTerms

Accession

Goods installed in or affixed to other goods, such as an engine fitted to a truck.

A security interest in goods that become an accession continues, and the PPSA has rules for who ranks first. Hire terms usually require the customer not to let equipment become an accession or a fixture.

Related terms

  • Fixture — Goods attached to land so that they become part of it.

Need this registered, not just defined?

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