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security interest
Thesaurus| Noun | 1. | security interest - any interest in a property that secures the payment of an obligationstake, interest - (law) a right or legal share of something; a financial involvement with something; "they have interests all over the world"; "a stake in the company's future"pledge - a deposit of personal property as security for a debt; "his saxophone was in pledge"mortgage - a conditional conveyance of property as security for the repayment of a loanconditional sale - a security interest taken by the seller in return for creditcollateral - a security pledged for the repayment of a loanlien - the right to take another's property if an obligation is not discharged |
security interest
security interestn. generic term for the property rights of a lender or creditor whose right to collect a debt is secured by property. (See: mortgage, deed of trust, UCC-1, lien) security interest
Security interestThe creditor's right to take property or a portion of property offered as security.Security InterestA 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 interestRights 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. security interest
Words related to security interestnoun any interest in a property that secures the payment of an obligationRelated Words- stake
- interest
- pledge
- mortgage
- conditional sale
- collateral
- lien
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