security interest

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Security interest

The creditor's right to take property or a portion of property offered as security.

Security Interest

A creditor's legal right to take possession of certain property offered as security or collateral. For example, in a margin account, the brokerage making the margin loan may require its client to deposit some or all of the borrowed securities with the brokerage. The right of the brokerage to demand that is its security interest.

security interest

Rights in property, voluntarily granted by a borrower to a lender, so that the property may serve as collateral for a loan and be subject to seizure and sale in the event of default.

References in periodicals archive ?
By faithfully relying on security devices that (a) protect the network perimeter and (b) rely on signature-based technology, the hackers have now devised attacks to take advantage of this paradigm.
Security devices will also have a role to play in protecting against erroneous payment orders.
The SPYRUS security devices employ on-board Suite B cryptography to securely store Entrust digital identities.

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