security instrument

security instrument

A generic name for something that gives a creditor rights in property for the protection of a debt from the borrower.It may include a security agreement for personal property, or a mortgage or a deed of trust on real property.
References in periodicals archive ?
You want to start with the great democracies, and NATO is the security instrument of transatlantic group of great democracies," one source told Reuters.
It brings a unique, universal legitimacy that is unmatched by any other international peace and security instrument.
UN Peacekeeping brings a unique, universal legitimacy that is unmatched by any other international peace and security instrument.
The activity of military forces will fall within the scope of the ICAO aviation security instrument to the extent that such actions are not carried out in the exercise of official duties.
38) The promissory note is what creates the debt obligation, whereas the security instrument is what makes real property the collateral securing performance on the note.
Good Faith Estimate, note, Settlement Statement) security instrument, etc.
The drafters go on, however, to state that the mortgage contains conditions under which the borrower may be required to make immediate payment--in other words, conditions that affect payment which are not contained in the note itself, "That Security Instrument describes how and under what conditions I may be required to make immediate payment in full of all amounts I owe under this Note.
The company's latest focus is to see if aircraft financing can be included in the Islamic Sukuk, or bond, market, based on a recent transaction in which an Islamic financier securitised a mortgage portfolio in the Sukuk market in tranches, similar to how aircraft investments are structured in the US using a security instrument known as the Enhanced Equipment Trust Certificate (EETC).
NATO has more to do in each category, but it is in action in key operations in the world, and it is the greatest security instrument of the transatlantic democratic community to deal with security challenges today and tomorrow.
The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice will result in acceleration of the sums secured by this Security Instrument and sale of the Property.
By examining current and projected global energy and security environments, the energy roles of various branches of the federal government, and the unique responsibilities and characteristics of the DoD as America's largest single energy consumer and security instrument of national power, the author analyzes whether a methodology exists in which the DoD can lead an immediate, coherent, and viable long-term strategy toward a vision of replacing petroleum as its primary energy source while maintaining all necessary strategic and operational capability to guarantee US security to 2050 and beyond.
Speaking at the Conference, Marc Grossman, United Slates Undersecretary of State, said that the Rio Treaty "remains an essential component of our security architecture, because it is the legally binding security instrument within our hemisphere.

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