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 ?
After 44 years of EU membership our security interest as much as trade has become inextricably intertwined.
2) The Australian Financial Security Authority, which now operates the electronic Personal Property Securities Register ('PPSR') in which financing statements can be registered to protect interests regarded as security interests, has produced a fact sheet specifically targeted at artists.
In this live Webcast, a panel of thought leaders and practitioners assembled by The Knowledge Group will discuss the fundamentals of acquiring security interests, including the attachment and perfection of a security interest, pitfalls encountered with secret or competing liens on UCC collateral and other foreclosure-related issues.
As detailed in Part III, the PPSA governs the creation, enforcement, and priority ordering of consensual security interests in personal property.
Harris and Mooney present readers with the sixth edition of their comprehensive examination of the contemporary case law, problems, and legal materials surrounding security interests and personal property in the United States.
In both Dairy Mart and Dana Corporation, the debtors' prepetition lenders had security interests in substantially all of the debtors' assets, including inventory.
These notes are secured by a first priority security interest in, subject to certain permitted liens, substantially all of the existing and future assets of Intelsat Jackson and the subsidiary guarantors, and in the case of the parent guarantor, the stock of Intelsat Jackson owned by the parent guarantor.
The bill provides legal regime for creation, registration, priority and enforcement of security interests over movable property.
Reiterating that peace in Jammu and Kashmir can be achieved only through dialogue, Ban called on the two countries to resume discussions and said that an agreement on Kashmir would serve the security interests of both countries as well as that of the region.
In most states, security interests for most tangible personal property are subject to a process dictated by Article 9 of the Uniform Commercial Code (the UCC), which also contemplates including patents and other intellectual property, such as copyrights and trademarks, in the scope of the security interests governed by Section 9-101 of the UCC .
It describes the law governing security interests in personal property and analyzes the creation, priority, and enforcement of security interests.
This article explores the regulation of 'deemed' security interests over personal property by the Personal Property Securities Act 2009 (Cth).

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