After acquired property clause

An after acquired property clause is a provision in a legal contract that allows the agreement to cover property that may be acquired after the contract has been signed. == Examples of uses == In a mortgage (of real property) or security agreement (of personal property), an after acquired property clause provides that any additional property acquired by the borrower after the mortgage or security agreement is signed will be additional collateral for the obligation.

Source: Wikipedia — After acquired property clause (CC BY-SA 4.0)