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secured transaction |
Also found in: Wikipedia | 0.04 sec. |
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secured transaction n. any loan or credit in which property is pledged as security in the event payment is not made. (See: mortgage, deed of trust, lien, pawn, UCC-1) |
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? References in periodicals archive |
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Mike Homer, Netscape marketing director, said he expected the deal to vastly increase the company's sales of other products, such as secured transaction software for on-line shopping. The collected data is then available for many applications including but not limited to: inventory control; automated manufacturing; tracking and distribution of goods; document management; security and secured transaction where verification of the unique identity of persons are a priority. The collected data is then available for many applications including but not limited to: inventory control; automated manufacturing; tracking and distribution of goods; document management; security and secured transaction where verification of the unique identity of persons are a priority. |
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secured transaction