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security for the borrower's obligations

См. также в других словарях:

  • security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also …   Law dictionary

  • security agent — USA collateral agent, Also known as a security agent. The financial institution that holds the collateral on behalf of the lenders under a syndicated loan agreement as security for performance of the borrower s obligations under the loan… …   Law dictionary

  • Security interest — 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… …   Wikipedia

  • Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond …   Wikipedia

  • security interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. security interest …   Law dictionary

  • OBLIGATIONS, LAW OF — This law is concerned with the rights of one person as against those of another (jus in personam), as distinguished from the law of property, which is concerned with a person s rights in a chattel or other property as against the world at large… …   Encyclopedia of Judaism

  • security — /si kyoor i tee/, n., pl. securities, adj. n. 1. freedom from danger, risk, etc.; safety. 2. freedom from care, anxiety, or doubt; well founded confidence. 3. something that secures or makes safe; protection; defense. 4. freedom from financial… …   Universalium

  • Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

  • Mortgage underwriting in the United States — is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C’s of underwriting:… …   Wikipedia

  • secured obligations — USA Defined term typically used in the security agreement to describe the obligations secured by the security interest in the collateral. Typically, the borrower s secured obligations consist of its obligations to pay all amounts when due and… …   Law dictionary

  • Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

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