security agreement

noun

: an agreement which creates or provides for a security interest
perfect a security interest in collateral described in a security agreement
compare secured transaction

Dictionary Entries Near security agreement

Cite this Entry

“Security agreement.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/security%20agreement. Accessed 15 Nov. 2024.

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