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Translations for „physical possession“ in the English » Arabic Dictionary (Go to Arabic » English)

physical possession ECON

Monolingual examples (not verified by PONS Editors)

English
A security agreement may be oral if the secured party (the lender) has actual physical possession of the collateral.
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However, any person with the key has constructive possession, as they may take physical possession at any time without further consent from one.
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The major flaw with the pledge is that it requires physical possession by the pledgee, which traps a business pledgor in a paradox.
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