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)

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References in periodicals archive ?
Upon integration, ZKTeco's superior access control experience is combined with Observables' AlwaysON Premises Management Platform, which brings together control and management of all IoT, networking and security devices on a premises into a single dashboard and app for ease of management and expanded dealer service capabilities.
For instance, while the pagare is not theoretically a security device (in the sense that it creates a security interest in certain assets), it does add some level of security to a lender that is looking to make a loan, as the pagare will provide access to a privileged action where he will likely enforce the claim in a more effective and efficient way.
Northfield High Street's CEX store is filled with smoke when a security device malfunctions
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 security device works by having one piece of information that remains the same, such as your user name, and one that constantly changes, your unique security code.
The company has been complementing the contraction of size due to the split-off through the SSBU (security device) and the solid growth of the defense business unit.
Swedish telecomms solutions provider Ericsson (NASDAQ: ERIC) said on Thursday (27 December) that a new security device with positioning capabilities, enabled by Ericsson technology, has been launched in Japan.
Add-on modules collect, normalize, correlate and analyze data from virtually any security device, the company says.
The US Secret Service/CERT report indicates that "75 percent of the insider (attacks) were identified through manual procedures only", meaning that no security device actually detected the attack.
Clareity Security's SAFEMLS solution protects against unauthorized MLS access using a token-sized security device that generates single-use passwords.
Lloyds tsb is to test a new security device in a bid to combat growing internet fraud.
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.

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