A mortgage is an example of a creditor secured by a circulating security interest.

Name: A mortgage is an example of a creditor secured by a circulating security interest.
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A mortgage is typically a non-circulating (or non-floating) security interest, secured by a specific piece of real estate, rather than a circulating (or floating) security interest, which is tied to assets that change over time, like inventory or accounts receivable.

A Mortgage Is an Example of a Creditor Secured by a Circulating