insecurity clause

noun

: a clause in an agreement (as a security agreement) allowing a party who deems himself or herself insecure to require immediate payment or performance or the giving of collateral

Dictionary Entries Near insecurity clause

Cite this Entry

“Insecurity clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/insecurity%20clause. Accessed 22 Nov. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!