Glossary entry

English term or phrase:

security interest

English answer:

A security interest is a property interest created by agreement or by operation of law over assets .

Added to glossary by wonita (X)
Mar 29, 2009 14:45
15 yrs ago
33 viewers *
English term

security interest

English Law/Patents Law: Contract(s)
The Buyer shall not sell, pledge, or create a security interest in the Equipment or any part thereof the title of which is vested in the Seller under this Article 13 (“Security Equipment”).
References
Info

Responses

+4
3 mins
Selected

A security interest is a property interest created by agreement or by operation of law over assets .

A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain preferential rights in the disposition of secured assets. Such rights vary according to the type of security interest, but in most cases, a holder of the security interest is entitled to seize, and usually sell, the property to discharge the debt that the security interest secures.
Peer comment(s):

agree Kim Metzger : http://legal-dictionary.thefreedictionary.com/security inter... http://www.lawdog.com/bkrcy/bkd53.htm
1 min
agree Demi Ebrite
1 hr
agree Gary D : shall not use it as securtiy for obtaining finiance, like useing it as a mortgage
8 hrs
agree Phong Le
9 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thanks"
1 day 5 hrs

"Property rights of a lender or creditor"

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)

As soon as the secured lender has possession of the property or knows that it ... The secured creditor's right to pursue a deficiency may be restricted by a court ... Foreclosure of a security interest in personal property under the UCC ...
www.extension.umn.edu/distribution/businessmanagement/DF729... - 28k - En caché - Páginas similares
How to Secure an Interest in Intellectual Property - Buchalter ... - [ Traducir esta página ]Generally a lender’s security in general intangibles is perfected by the filing of a ... Tips for Intellectual Property Security Interest Agreements ... to permit the secured creditor to assign and register the rights upon foreclosure. ...
www.buchalter.com/bt/index.php?option=com_content&task=view... - 29k - En caché - Páginas similares
Baker Botts L.L.P. | Perfecting Security Interests in IP - [ Traducir esta página ]To perfect its security interest in intellectual property, the lender must ... priority over the rights of a lien creditor with respect to the property ...
www.bakerbotts.com/infocenter/publications/detail.aspx?id=9... - 35k - En caché - Páginas similares
French Security Interest Law Becomes Friendlier to Creditors ... - [ Traducir esta página ]The Secured Lender · Filling of notice of a security interest in a ... Enforceability of Limits on Security Interests in Intellectual Property Licenses .... Bernstein, H Bruce; Anonymous; McGarvey, John T; Rights, The Creditors'; Group, ...
www.highbeam.com/doc/1P3-1136888141.html - 59k - En caché - Páginas similares
[PDF] SECOND INTERNATIONAL COLLOQUIUM ON SECURED TRANSACTIONS SECURITY ... - [ Traducir esta página ]Formato de archivo: PDF/Adobe Acrobat - Versión en HTML
19 Jan 2007 ... SECURITY INTERESTS IN INTELLECTUAL PROPERTY RIGHTS ... creditor/grantee of the security. Finally, one could attempt to make a statutory period of grace .... secured lender seeks financing based on the value of its ...
www.uncitral.org/pdf/english/colloquia/2secint/Grosheide.pd... - Páginas similares
First American - Insurance of a Secured Lender's Interest in Rents ... - [ Traducir esta página ]All rights reserved. Insurance of a Secured Lender's Interest in Rents ... 1990) (holding that the amount of a secured creditor's claim must ... S.D.N.Y. 1995) (holding that a security interest in the rents ... real property and a perfected security interest in rents derived therefrom, holds two distinct interests. ...
www.firstam.com/content.cfm?id=4222 - 35k - En caché - Páginas similares
Lender With Purchase Money Security Interest Can Trump <BR> - [ Traducir esta página ]Under Section 9-312(4) of the UCC, a purchase money secured creditor can take ... (ii) the lender gives value to enable the borrower to acquire rights in or the use of ... The lender later argued that it had a purchase money security interest in the ... all of Enterprise's assets, including after-acquired property. ...
www.rivkinradler.com/rivkinradler/Publications/newformat/20... - 18k - En caché - Páginas similares
[DOC] SUBORDINATION AGREEMENT - [ Traducir esta página ]Formato de archivo: Microsoft Word - Versión en HTML
Creditor subordinates all security interests, liens, and mortgages now or ... any of Lender's rights against Creditor or any of Creditor's obligations in this ... Any foreclosure against any property securing the primary debt shall ...
www.texascbar.org/content/legal_library/real_estate/downloa... - Páginas similares


Something went wrong...

Reference comments

16 mins
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search