Business / Loan / Security: A pledge made to secure the performance of a contract or the fulfillment of an obligation. Examples of securities include real estate, equipment stocks or a co-signer. Mortgages are a form of security with strong legal standing, because they are publicly registered following a formal legal procedure. A mortgage gives the lender holding a mortgage security the right to reclaim the asset being financed, if repayment is not made.
Security Verb Synonyms: safety, shelter, protection, fastness, refuge, safe keeping, sanctuary, asylum
Business / Finance / Senior Security: A security that, in the event of bankruptcy, will be redeemed before any other securities. MORE
Business / Agriculture / Food Security Commodity Reserve: A special reserve of up to 4 million metric tons of wheat, corn, sorghum, and rice to be used for international humanitarian purposes. This reserve created by the FAIR Act of 1996 is an expansion and MORE
Technology / Cell Phones / Wireless Transport Layer Security (WTLS): The security layer of the WAP which provides privacy, data integrity and authentication for WAP services. WTLS, designed specifically for the wireless environment, is needed for the client and server MORE