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 ?
Attaining Entrust Ready status for our security devices is very important to SPYRUS," said Tom Dickens, SPYRUS Chief Operating Officer.
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.
Constructed of heavy 10-gauge steel, the patented SnatchLatch heavy trucking security devices are easily installed over a container or trailer door's existing handle and latch mechanism.
Now with ePO's dedicated support for portable security devices, we will see the use of Encrypted USB drives expand exponentially, simplifying their deployment and management.
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.
Significantly, the MXI Security 16GB Stealth MXP just received FIPS 140-2 Level 2 validation, Certificate number 987, making the Stealth MXP product family the first and only USB portable security devices able to protect up to 16GB of data with AES 256-bit CBC hardware encryption and strong authentication (biometric, password or both).
SPYRUS adds value to the Microsoft security framework with its hardware security devices and associated management software, addressing applications for identity management, data security and digital rights management.
InfoSecter parses configurations of security devices from Cisco (ASA, PIX, FWSM, and IOS), Juniper (Netscreen), and Checkpoint , and it models actions including basic firewall traffic filtering, AAA, IPSec, application level inspection, HTTP URL filtering, and address translation.
MXI Security[TM], a division of Memory Experts International, a leader in building memory-based products for Fortune 500 companies for more than a decade, provides portable security devices for professionals for whom security and privacy is critical.

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