OnTerms

Financing statement

The legal name for a PPSR registration.

When you register a security interest you are applying to register a financing statement. It records the secured party, the grantor, the collateral and the end time. Changes are made by a financing change statement.

Related terms

  • Registration — An entry on the PPSR recording a security interest; the main way to perfect an interest.
  • Financing change statement — An amendment, renewal, transfer or discharge of an existing registration.

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