SECURITY INTEREST
(noun)Definitions
Example Sentences
"The bank holds a security interest in the borrower's car until the loan is fully repaid."
"The landlord has a security interest in the tenant's belongings to ensure rent payment."
"The creditor filed a financing statement to establish a security interest in the debtor's property."
"She granted a security interest in her business assets as collateral for the loan."
"The lender's security interest is subordinate to the first mortgage holder."