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

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.

Collins Dictionary of Law © W.J. Stewart, 2006

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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.

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References in periodicals archive

Enterprise and government security systems must have the infrastructure to regularly or instantly rotate keys, including both physical tokens and electronic or cryptographic keys.

Applying military insights to enterprise data security: the application of time-tested military approaches can help address evolving computer security threats for enterprises and government

Sullivan in "A Practical Approach to Enterprise IT Security." If the single-dimension solution were to significantly improve the security of a single component (in this case, the desktop), then something else may become the new weakest link.

Security and risk management: a fundamental business issue: all organizations must focus on the management issues of security, including organizational structures, skill sets, processes, and methodologies for managing security and risk management

While the SVO had historically considered hybrid securities to be bond-like, the SVO in March reclassified a hybrid security--a $300 million Enhanced Capital Advantaged Preferred security issued by an affiliate of Lehman Brothers Holdings Inc.--as common stock.

Hubrid insecurities: the actions of an agency under the National Association of Insurance Commissioners caused financial repercussions in a corner of the investment market. While regulators have offered a short-term solution, industry leaders are calling for additional changes

* the lawsuit seeks damages on behalf of 50 or fewer people and involves any security.

High court gives clarity to litigation venues: in a key decision issued earlier this year, the Supreme Court has restricted the ability of plaintiffs' attorneys to shop for accommodating state venues for class action suits. Most must now be pursued in more predictable federal courts

Suite security systems are deployed on a regular basis by New York tenants to deter intrusion both during and after business hours.

Tenants are driving demand for office suite security

Homeland Security law requires new rules for security information.

Travel Security Update

The earlier sections of the legislation appear to mandate a crackdown on illegal immigration, by employing subheads such as "Border Enforcement," "National Strategy for Border Security," "Document Fraud Detection," etc.

GOP deeds under a microscope: by failing to oppose the dangerous policies of the Bush administration, much of the GOP leadership has proven that their talk about border security is nothing but rhetoric

Along with all federal funding, security assistance funds are appropriated by Congress, so the importance of clearly communicating the funding requirements within the context of the nation-building effort cannot be overstated.

Building an army: program management in Afghanistan

In the Palo Alto (Calif.) Unified School District, the security holes introduced by rogue hotspots had a much more public and embarrassing effect.

The hidden downside of wireless networking: Wi-Fi can cause big trouble--and you may not even know it. Here's how to keep the hackers at bay

Security is another facet of quality -- and like quality, security must be built into the application, not tested at the end of the development cycle," said Theresa Lanowitz, research director at Gartner, Inc., in her report.

DEVPARTNER SECURITYCHECKER 2.0 FIXES SECURITY VULNERABILITY

Flores received her Form SAA-1099, Social Security Benefit Statement, for 2002, the benefits reported totaled $20,675.

Taxing workers' comp

Yet, when it comes to figuring out how to most efficiently prepare our homeland security forces, there aren't many places that are looking first and foremost to their community colleges.

A degree of security: is the government recruiting community college students for the war on terror?