BCL Definition

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BCL is an acronym for, among others, Bank Comfort Letter or Bachelor of Canon/Civil Law.

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PROXY is a person authorized to act for another, e.g. a power of attorney document given by shareholders of a corporation authorizing a specific vote on their behalf at a corporate meeting.

PMSI is Purchase-Money Security Interest; it is normally a lien resulting from a purchase, e.g. an auto loan.

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