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 ?
A NORTH East security expert has been invited to New Zealand to speak at a global conference on street surveillance.
IT security experts were of the view that on one hand we enjoy a lot of benefit from the use of internet but on the other hand we have a typical problem that how we may save our data from others.
Security experts say they believe hackers will study that data and "reverse engineer" the May Patch Tuesday software updates to identify ways to attack computers running Windows XP, along with Office 2003, which will no longer receive patches from Microsoft.
IT Security experts such as Security Analysts are the individuals who are responsible for preventing, protecting organizations from cybersecurity threats.
Half regularly post their locations or movements, 81 per cent post pictures of themselves while out with friends, and 48 per cent post pictures of expensive items or gadgets they've bought - all information which police and security experts say can be used by burglars to commit crime.
Security experts found evidence that the hackers stole the corporate passwords for every Times employee and used those to gain access to the personal computers of 53 employees, most of them outside The Times's newsroom, the paper said.
According to security experts, the attackers first installed malware that enabled them to gain entry to any computer on The Times's network.
Internet security experts around the world have opined that the platform independent Java software, which can be installed on PCs with Windows, Mac OS X and Linux OS, makes millions of computers around the world vulnerable to attacks from hackers.
Yet, based on the assault on Abul Fotouh, security expert Sameh Seif el-Yazal, head of Al-Gomhuria Centre for Political and Security Studies, has set the alarm and thinks that a new phase of what could be termed 'political crimes' has started.
Security Experts from ESET conduct special training sessions for ADAOX's Middle East channel partners ADAOX Middle East, the regional business development centre of ESET NOD32 Antivirus, today announced that they held special partner conference and training session exclusively for their channel partners at the Tower Rotana in Dubai last week.
The Finnish State Secretary Kari Salmi said that security experts from all EU members would be invited to the meeting in Brussels.
There is no realistic chance of terrorists stealing a prefabricated nuclear weapon from any domestic site, but another alarming possibility has security experts worried.

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