perfected

adjective

per·​fect·​ed
pər-ˈfek-təd
: completed in accordance with statutory procedure for giving notice and thereby having a status of priority over security interests that are the subject of such procedure at a later date or that are not the subject of such procedure
settling a priority contest between the two perfected security interests

Dictionary Entries Near perfected

Cite this Entry

“Perfected.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/perfected. Accessed 29 May. 2024.

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