counter-securev.
1. transitive. To secure (any one) against the risk which he incurs by becoming security for another: usually done by, or on behalf of, the latter.
ΘΚΠ
the mind > language > speech > agreement > security > pledge or deposit as security [verb (transitive)] > be or give surety for > the security of (a person or thing)
warrant1530
counter-secure1667
1667 S. Pepys Diary 10 Mar. (1974) VIII. 108 The King of France offers for security herein, that the King of England shall be bond for him and that he will counter-secure the King of England with Amsterdam.
1700 in J. A. Picton City of Liverpool: Select. Munic. Rec. (1883) I. 304 A certain summe of money..for wch they are to be counter-secured out of ye town's revenue.
1785 E. Burke Speech Nabob Arcot's Debts in Wks. (1815) IV. 278 When a..money dealer, becomes security for any native prince, the course is, for the native prince to countersecure the money dealer, by making over to him in mortgage a portion of his territory.
2. To give additional security to, on which to fall back should the primary security be insufficient. (The object of the verb may be the original security or the party giving it.)
ΘΚΠ
the mind > language > speech > agreement > security > pledge or deposit as security [verb (transitive)] > be or give surety for > give additional security to
counter-secure1796
1796 E. Burke Two Lett. Peace Regicide Directory France i. 79 The Chancellor of the Exchequer of that day, Montagu..counter-securing the State by the appearance of the city with the Lord-Mayor of London by his side.
1797 E. Burke Lett. Peace Regic. France iii, in Wks. (1815) VIII. 300 You are giving that pledge from the throne, and engaging parliament to counter-secure it.
This entry has not yet been fully updated (first published 1893; most recently modified version published online June 2019).
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