per·fect·ed
| \ pər-ˈfek-təd \
Legal Definition of perfected
: 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
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“Perfected.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/perfected. Accessed 25 May. 2022.
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