With a(n)____________ the security interest in any speciﬁc item of inventory ends when the item is sold,but attaches to new inventory.

Question

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A floating lien is a security interest that attaches to any inventory that a business may have at any given time. The security interest in a specific item of inventory ends when the item is sold, but the lien immediately attaches to new inventory as it is acquired. This allows the lender to maintain a security interest in the borrower's inventory without having to constantly re-perfect the lien every time a new item is added to the inventory.

With A(n)____________ the Security Interest in Any Speciﬁc Item of Inventory