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.
Instead of applying firewall rules to many devices individually, network security staff can now analyze, stage, test and provision changes automatically to a multi-vendor security device environment with the Infoblox Security Device Controller.
Security devices will also have a role to play in protecting against erroneous payment orders.
TVS has been instrumental in promoting the need for a security device that will work with any device, any network, any content, anywhere," said Norman Gillaspie President of Transparent Video Systems.
The partnership has led to the deployment of hundreds of thousands of McAfee and MXI Security portable security devices by governments and corporations to secure and protect systems, applications and data wherever their employees travel around the world.
MXI Security(TM), the leader in providing superior managed portable security solutions, today introduces the new 16 gigabyte Stealth MXP(TM) and Stealth MXP Passport, the largest-capacity USB portable security devices available in the world today.
InfoSecter helps IT staff with both of these problems by analyzing the proposed security device configuration and presenting information about how the security device will perform in a manner that makes the most sense to the end user.
WASHINGTON -- MXI Security[TM], a division of Memory Experts International, today announced that its Stealth MXP[TM] Portable Security Device has been awarded the annual GCN Best of FOSE Award in the security peripherals category.
Oregon Senator Ron Wyden's amendment to the act ensured much more rigorous security for containers by specifying that a container security device must positively identify a container, detect and record the unauthorized intrusion of a container, and secure the container against tampering throughout the supply chain.
The CommerceGuard container security device is positioned inside an intermodal cargo container and registers any opening of the container door.
2 allows the customer to make simple tuning adjustments through a new False Positive Tuning Wizard that administrators can use to do event-based tuning on security device events and anomaly detection alerts.
The SPYRUS security devices employ on-board Suite B cryptography to securely store Entrust digital identities.

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