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Private Mortgage Insurance
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: (with stress on the second syllable) 1) to complete; to take all required steps to achieve a result, such as obtaining a lien or other security by legal action or completing and filing all documents to present a case to a court of appeals. a mechanic’s lien for labor and/or materials used to improve real property is “perfected” by filing a lawsuit and obtaining a judgment that the lien attaches to the property. 2) to make perfect.