security interest

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security interest

n. 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)

References in periodicals archive ?
They said they were called after a smoke cloak was activated - an electronic security device which produces a large volume of harmless white vapour which gives the appearance of fog or smoke.
The bank claimed that the security device would create a unique security code every time the customer logs in to transact using Personal Internet Banking.
Services range from security event analysis and threat management analysis to targeted security device management including firewalls, intrusion detection sensors and VPN servers.
2448) in Virginia requires that landlords install new locks or security devices on apartments rented by tenants who have a restraining order against a former cotenant.
There are several crucial requirements to keep in mind when selecting and deploying an Internal Network Defense security device.
A police spokesman said: 'It's believed that a security device on a cash-box accidentally activated, causing a cloud of purple dye to be discharged into the accounts department office, where staff were working.
Trigger Jocks other security devices are becoming such a norm that one or another is usually packaged inside every new shotgun box.
They later reattach it to the security device for collection by the store.
For instance, the security device could notify the bank when a purported beneficiary's account number is not one to which the customer normally makes payments; the device might require verification that payment to the stated account number was intended before the transaction continues.
The MicroSD security device provides the same protection, but more functionality then the outdated CableCard encryption technology.
It gives IT administrators control to issue, manage and monitor in real-time the use of any portable security device on the network, allowing it to proactively identify, block and ban unauthorized devices that can threaten the security of their organization.

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