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Definition of Security interest
1. Noun. Any interest in a property that secures the payment of an obligation.
Specialized synonyms: Pledge, Mortgage, Conditional Sale, Collateral, Lien
Definition of Security interest
1. Noun. (legal) The right of a lender to take possession of collateral offered to secure the loan. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Security Interest
Literary usage of Security interest
Below you will find example usage of this term as found in modern and/or classical literature:
1. Decisions of the Court of Session: From November 1825 to [20th July 1841] by John Tawse, F. Somerville, John Craigie, George Robinson, Scotland Court of Session, Charles Gordon Robertson, Scotland High Court of Justiciary, Great Britain Parliament. House of Lords, Faculty of Advocates (Scotland) (1839)
"Answered—The bill could only be put in force after the date of the advance; and
as till then it was only a security, interest must run from that date. ..."
2. Department of Defense Anthrax Vaccine Immunization Program Avip edited by Steve Buyer (2000)
"As security for its obligation to reimburse the Government for the Advances, and
concurrently with the release of the security interest by the State, ..."
3. Personal Finance by Robert S. Rosefsky (2001)
"As a result of your signing these documents and the bank's recording in the
appropriate government office, the bank has what is known as a security interest ..."
4. The "Sixth Division": Military-paramilitary Ties and U.S. Policy in Colombia by Joanne Mariner, Human Rights Watch (Organization), Malcolm Smart (2001)
"President Clinton said that the waiver was in the national security interest of
the United States. Behind closed doors, administration officials added that ..."
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