Perfection
/pɚˈfɛkʃən/
Definitions
- (n.) The state of being complete and without flaws.
The contract was drafted with legal perfection to avoid future disputes.
- (n.) The act of making something legally complete and enforceable.
The perfection of a security interest requires filing appropriate documents.
Forms
- perfections
Related terms
See also
Commentary
In legal contexts, 'perfection' often refers to procedural steps taken to protect a security interest against third parties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.