after-acquired

Definition of "after-acquired"
  1. Refers to something that is gathered or obtained following a particular incident, such as the completion of a security interest
How to use "after-acquired" in a sentence
  1. The finance company claimed the car as an after-acquired property when the individual failed to complete the security interest.
  2. The after-acquired clause in the agreement allowed the lender to secure any property that the borrower obtained after completing the security interest.
  3. The creditor had a claim on the debtor's after-acquired assets upon the completion of the security interest.

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