Financing, a Uniform Commercial Code (UCC) concept relating to a security interest in collateral provided by a debtor to secure performance of obligations in favor of a creditor. Once the requirements for attachment of the security interest under the UCC have been satisfied, the security interest in the collateral is enforceable by the creditor against the debtor. See Practice Note, UCC Creation, Perfection, and Priority of Security Interests.

Litigation, a legal process by which a judge issues an order (at the request of the plaintiff) seizing a defendant's property to ensure a judgment for money damages rendered against the defendant can be satisfied. An attachment order prevents a defendant from selling, transferring, or otherwise disposing of assets to make it judgment proof or to avoid paying its obligations.