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per·fect·ed /pər-'fek-təd/ adj: 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 proceduresettling a priority contest between the two perfected security interests
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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Having completed all necessary legal steps to achieve a result, such as completing and filing the necessary documents to record a security interest. (See: perfect)Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & FinancesCategory: Business Cash Flow Problems & BankruptcyCategory: Business, LLCs & Corporations → Business Tax & DeductionsCategory: Personal Finance & Retirement → Taxes → Tax AuditsCategory: Real Estate & Rental Property → Selling a HouseCategory: Real Estate & Rental Property → Buying a House
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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USAperfected, Also known as perfection.A UCC concept relating to a security interest in collateral provided by a debtor to secure performance of obligations in favor of a creditor. In order for a creditor to enforce its rights against the debtor and the collateral vis-à-vis third parties, the creditor must have perfected its security interest in the collateral under the UCC. To be perfected, the creditor must satisfy certain requirements set out in the UCC which depend on the type of collateral. For example, filing a UCC-1 in the appropriate filing office of the debtor will typically perfect the creditor's security interest for most types of collateral.For further information, see Practice Note, UCC: Creation, Perfection and Priority of Security Interests (www.practicallaw.com/6-381-0551).Related terms
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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adj. A claim is said to be perfected if all steps required to put a claim right, or in final conformity with statutes, have been taken, and the litigant can proceed to an appellate court.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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adj.having completed all necessary legal steps to achieve a result, such as perfected title to property.See also: perfect
Law dictionary. EdwART. 2013.
Look at other dictionaries:
perfected — im·perfected; perfected; un·perfected; … English syllables
Perfected — Perfect Per fect, v. t. [imp. & p. p. {Perfected}; p. pr. & vb. n. {Perfecting}.] [L. perfectus, p. p. of perficere. See {Perfect}, a.] To make perfect; to finish or complete, so as to leave nothing wanting; to give to anything all that is… … The Collaborative International Dictionary of English
perfected — adjective that has been made perfect: The perfected speech was better, but all spontaneity had been lost … Wiktionary
perfected — perfect or perfected Complete; finished; executed; enforceable; without defect; merchantable; marketable. Brought to a state of perfection. As to perfect equity perfect obligation perfect ownership perfect title perfect usufruct, see those titles … Black's law dictionary
perfected — adjective (of plans, ideas, etc.) perfectly formed a graceful but not yet fully perfected literary style • Similar to: ↑formed … Useful english dictionary
perfected — Synonyms and related words: SOL, accomplished, advanced, all bets off, all off, all over, all up, ameliorated, archetypical, at an end, beautified, bettered, canceled, civilized, classic, complete, concluded, consummate, converted, cultivated,… … Moby Thesaurus
perfected — (Roget s IV) modif. Syn. completed, consummate, developed, mature, conclusive, full, elaborate, thorough; see also finished 1 , fulfilled , ripe 3 … English dictionary for students
perfected — adj. improved; refined per·fect || pÉœrfɪkt / pÉœË v. refine; improve; complete; make faultless adj. flawless; complete; undamaged … English contemporary dictionary
perfected — Completed; fully performed; executed … Ballentine's law dictionary
perfected lien — USA In the context of bankruptcy, a lien satisfies the statutory requirements for obtaining priority over liens subject to the same requirements. State law generally governs these requirements. For example, certain lien types become perfected… … Law dictionary