security

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Security

Protection; assurance; indemnification.

The term security is usually applied to a deposit, lien, or mortgage voluntarily given by a debtor to a creditor to guarantee payment of a debt. Security furnishes the creditor with a resource to be sold or possessed in case of the debtor's failure to meet his or her financial obligation. In addition, a person who becomes a surety for another is sometimes referred to as a "security."

security

(Pledge), noun bail, bond, collateral, deposit, earnest, gage, guarantee, indemnity, lien, pawn, pignoration, promise, promissory note, stipulation, surety, token, vadium, voucher, warranty
Associated concepts: collateral security, investment securiiies, issuing securities, public securities, real security, sale of securities, security agreement, security deposit, security interest, treasury securities, valuable securities

security

(Safety), noun anchor, assurance, asylum, bastion, bulwark, certainty, defense, dependability, faith, freedom from danger, freedom from harm, guard, immunity, impregnability, incolumitas, maintenance, palladium, preservation, protection, reliance, safe conduct, safeguard, safeness, salus, salvation, sanctuary, secureness, shelter, stability, support, trust, unassailability, unattackability
Associated concepts: national security

security

(Stock), noun assets, bill of exchange, cautio, certificate of debt, certificate of indebtedness, coupon, funds, indenture, invested property, investment, money invested, negotiable instrument, negotiable paper, obligation, pignus, secured debenture
See also: accommodation, assurance, asylum, backing, bail, binder, bond, bulwark, certainty, charge, check, cloud, confidence, contract, deposit, faith, guaranty, handsel, hostage, hypothecation, incumbrance, indemnity, instrument, inviolability, letter of credit, lien, mainstay, mortgage, pledge, precaution, preservation, protection, recognizance, refuge, reliance, safeguard, safekeeping, share, shelter, shield, specialty, stock, undertaking, ward, warrant

security

1 in connection with the granting of a loan facility, the obtaining by the lender of rights additional to those deriving from the borrower to pay the interest due and to repay the principal debt in accordance with the provisions of the loan agreement; it confers a right to look to some identified fund or property, or to some other person, for payment. Those forms of security conferring recourse to particular funds or property are MORTGAGE, STANDARD SECURITY, CHARGE, PLEDGE, HYPOTHEC and LIEN. The forms of security permitting a creditor to look to a third party for satisfaction are GUARANTEE and INDEMNITY.
2 right to security, see HUMAN RIGHTS.

SECURITY. That which renders a matter sure; an instrument which renders certain the performance of a contract. The term is also sometimes applied to designate a person who becomes the surety for another, or who engages himself for the performance of another's contract. See 3 Blackf. R. 431.

References in periodicals archive ?
Under this ordinance, only authorised personnel and government officials would be allowed entry into the high security zones, which would be secured and guarded by police officials and the civil armed forces.
Provincial police chief, Mohammad Qasim Jangal Bagh, said only 15 polling sites in the province were under high security threat.
The High Security HP enclosure features several structural advancements including the introduction of interior latches and hinges to minimize external vulnerabilities.
The review identifies 15-20 credible suppliers of high security holograms, all of them in developed countries and all except Dai Nippon and Toppan in the west.
It will look in depth at the role of smart phones in authentication, examining both the underlying technology and the opportunities it offers for those involved in producing, protecting and authenticating high security government documents.
Delta's DSC720 High Security Bollard system is its highest crash-rated bollard system.
Hirsch Electronics manufactures high security access control and security management systems for worldwide markets and has done so for more than twenty-five years.
1 million in overtime for police officers, Fire Department workers and General Services Department security personnel called into action to work 12-hour shifts around the city and airport during the high security alert periods in February and March.
LAS VEGAS -- Tranax Technologies, a leading developer of automated teller machines (ATMs) and self-service kiosks, and high security electronic transaction solution provider Hypercom Corporation (NYSE: HYC), today announced that Hypercom's new ATMConnect service will be demonstrated on a Tranax Mini-Bank c4000 at this week's BAI Retail Delivery Conference & Expo being held this week in Las Vegas.
Stringent high security designed to meet PCI PED standards for secure PIN entry, and also including Triple DES encryption, DUKPT (Derived Unique Key Per Transaction) key management and MAC (Message Authentication Code).
Effective immediately, all credentials issued by State Department will be PIV cards using the High Security profile for physical access control.