| Library / English Dictionary |
SECURITY INTEREST
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
Any interest in a property that secures the payment of an obligation
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("security interest" is a kind of...):
interest; stake ((law) a right or legal share of something; a financial involvement with something)
Hyponyms (each of the following is a kind of "security interest"):
pledge (a deposit of personal property as security for a debt)
mortgage (a conditional conveyance of property as security for the repayment of a loan)
conditional sale (a security interest taken by the seller in return for credit)
collateral (a security pledged for the repayment of a loan)
lien (the right to take another's property if an obligation is not discharged)
