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 ?
Finally, it is important to centralize the security function.
CSOs lacking business acumen will run the risk of being viewed as narrow, single contributors, which may ultimately limit the security program to a technical problem.
Also, generally accepted accounting principles for securities may vary depending on the type of security, the nature of the transaction, management's objectives related to the security, and the type of entity.
Resolution of these types of issues frequently requires attendance at a large number of meetings that may drain the security manager's time.
Cambridge Security understands the security business and appreciates the central role which personnel play in the delivery of quality service.
Initially, the security products had been point offerings, addressing a niche (e.
Our partnership with Stratis Authority is the beginning of a new business era for MDI, as our new partners are prepared to back our company's growth across both Government and commercial markets as part of their new strategic focus in the security space.
HID Global, the premier manufacturer of contactless access control cards and readers for the security industry; and
The Security Standard will deliver fresh new ideas and perspectives from people inside and external to the organization to help shape your enterprise security strategy.
Recognizing the fact that threats to an enterprise emerge faster, more aggressively and from more sources than ever before, IDG Executive Forums' The Security Standard conference taking place September 6-7 at Boston's Hynes Convention Center will take a fresh, holistic approach to understanding what it takes to deliver an effective enterprise security strategy in today's ever-changing risk landscape.
The new version of nFX OSP extends the product's existing support for monitoring application security beyond correlation of server log files to include correlation and reporting on actual user activity within an application to demonstrate the security of data as it is accessed throughout a transaction - a critical requirement for achieving ongoing regulatory compliance.
The launch of Virtual-SOC and the Security Event and Log Management Services represents a fundamental step in ISS' "Protection On-Demand" strategy.