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security for payment

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См. также в других словарях:

  • Security of payment — is a relatively new initiative introduced by the Victorian State Government to allow for the rapid determination of progress claims under building contracts or sub contracts and contracts for the supply of goods or services in the building… …   Wikipedia

  • Security for costs — is a common law legal concept of application only in costs jurisdictions, and is an order sought from a court in litigation.The general rule in costs jurisdiction is that costs follow the event . In other words, the loser in legal proceedings… …   Wikipedia

  • security for costs — security for costs: security sometimes required of a party to litigation in order to assure payment of expenses Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. security for costs …   Law dictionary

  • security for costs — A bond, undertaking, or deposit required of a plaintiff to secure the payment of costs in the action or the unpaid costs of a prior action. 20 Am J2d Costs §§ 37 et seq …   Ballentine's law dictionary

  • Building and Construction Industry Security of Payment Act 2002 — was passed by the Australian State of Victoria to allow for the rapid determination of progress claims under building contracts or sub contracts and contracts for the supply of goods or services in the building industry. This process was designed …   Wikipedia

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

  • payment into court — In litigation, the defendant may make an offer that he feels the plaintiff ought to accept. There is a procedure whereby this is paid into court . If the plaintiff thereafter continues the proceedings, but obtains less damages than the amount… …   Law dictionary

  • Security — Se*cu ri*ty, n.; pl. {Securities}. [L. securitas: cf. F. s[ e]curit[ e]. See {Secure}, and cf. {Surety}.] 1. The condition or quality of being secure; secureness. Specifically: (a) Freedom from apprehension, anxiety, or care; confidence of power… …   The Collaborative International Dictionary of English

  • payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it …   Financial and business terms

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