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 ?
The SPYRUS security devices employ on-board Suite B cryptography to securely store Entrust digital identities.
The US Secret Service/CERT report indicates that "75 percent of the insider (attacks) were identified through manual procedures only", meaning that no security device actually detected the attack.
A total of 1,534 householders have been given security advice, and 181 properties have been supplied and fitted with security devices.
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.
Enviroguard Technologies announced today the introduction of a new anti-terrorism security device, which offers a barrier between thieves, terrorists, and unauthorized access to underground fuel storage tanks and sub-surface openings.
SnatchLatch security devices protect the bolt seal, hasp and pad lock on trailer and shipping container doors, making it virtually impossible to tamper with the bolt seal or lock.
Security Devices has not authorized the release of this press release in any form that contravenes any law or regulation and will not be responsible for the unsolicited distribution of this material by e-mail or facsimile by unauthorized parties.
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.
CONTACT: Security Devices International, +1-877-535-8769, info@lektrox.
0 from MXI Security,organizations can now manage strong authentication on their corporate networks by storing RSA SecurID software token technology within the MXP family of USB-based portable security devices.
VIASPACE has made significant progress in Phase II of the ACSD project to date including completion of the data collection technology and algorithm development and is now translating the algorithms into code to run on the container security devices.
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.

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