Security Interest.

A security interest is a legal right that a lender has to take possession of and sell collateral if a borrower defaults on their loan. This right is typically granted by the borrower signing a security agreement that pledges the collateral as security for the loan. The most common type of collateral is a vehicle, … Read more

Hypermarket.

A hypermarket is a large supermarket that sells a wide range of both food and non-food products. The term was first coined in 1968 by French retailer Carrefour. Hypermarkets are typically much larger than supermarkets, and offer a wider range of products, including aisles dedicated to electronics, home furnishings, and other non-food items. They also … Read more