Stocks and bonds are examples of paper collateral. Another common form of paper collateral is chattel paper. Chattel paper is a writing that indicates that the holder is owed money and has a security interest in valuable goods associated with the debt.
Today, spark arresters can be found as OEM or aftermarket components on many types of equipment, such as large agricultural machines, off highway vehicles (OHVs), and small engines (chainsaws, string trimmers, leaf blowers, etc.).
A surge arrester is device that intercepts electrical surges and sends the spike to ground before it can hurt a connected device. These arresters are also known as surge protectors or lightning arresters, but there are some very small differences between these devices. In most cases, when a surge arrester intercepts a power surge, it fuses itself to prevent transmission. This will stop the surge, but it also destroys the device.