FAQs
Protection; assurance; Indemnification. The term is usually applied to an obligation, pledge, mortgage, deposit, lien, etc., given by a debtor in order to make sure the payment or performance of his debt, by furnishing the creditor with a resource to be used in case of failure in the principal obligation.
What is a security in Black's Law Dictionary? ›
Black's Law Dictionary defines a security as "an interest based on an investment in a common enterprise rather than direct participation in the enterprise." To begin research into U.S. Securites Law you need to define all terms with the help of a dictionary (see examples below) and to gain an overview of the subject by ...
What is the legal definition of a security? ›
Introduction. A security is "[a]n instrument that evidences the holder's ownership rights in a firm (e.g., a stock), the holder's creditor relationship with a firm or government (e.g., a bond), or the holder's other rights (e.g., an option)." Black's Law Dictionary, 10th ed.
What is the best definition of security? ›
1. the state of being or feeling secure; freedom from fear, anxiety, danger, doubt, etc.; state or sense of safety or certainty. 2. something that gives or assures safety, tranquillity, certainty, etc.; protection; safeguard. 3.
What is Merriam Webster's definition of security? ›
a. : something that secures : protection. b(1) : measures taken to guard against espionage or sabotage, crime, attack, or escape.
What is the definition of security under the 33 Act? ›
The primary definitions from the Securities Act of 1933 and the Securities Exchange Act of 1934 similarly define securities as specific instruments such as a “note, stock, treasury stock, security future, security-based swap, bond, debenture” and any instruments that fall into broad categories like “investment ...
What is a security according to the UCC? ›
(i) a security; (ii) an obligation of a person or a share, participation, or other interest in a person or in property or an enterprise of a person, which is, or is of a type, dealt in or traded on financial markets, or which is recognized in any area in which it is issued or dealt in as a medium for investment; or.
What are the three types of security? ›
The National Institute of Standards and Technology (NIST) defines three types of security controls: preventive, detective, and corrective. These controls form the foundation of a comprehensive security program plan that ensures compliance with security standards and requirements.
What counts as security? ›
It encompasses a wide spectrum of instruments, including but not limited to stocks, bonds, derivatives, options, and investment contracts.
What is the deep meaning of security? ›
Security means safety, as well as the measures taken to be safe or protected. In order to provide adequate security for the parade, town officials often hire extra guards. A small child will sometimes latch on to a blanket or stuffed animal that gives him or her the feeling of security.
Security is protection from, or resilience against, potential harm (or other unwanted coercion). Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, or any other entity or phenomenon vulnerable to unwanted change.
What is security in layman terms? ›
The term "security" is defined broadly to include a wide array of investments, such as stocks, bonds, notes, debentures, limited partnership interests, oil and gas interests, and investment contracts.
What is the broad definition of security? ›
Abstract. The concept of security literally refers to “a state of being free from danger or threat” (Oxford Dictionary). This is a very broad definition, and the word security is therefore used in different ways in different contexts.
What is the other word for security? ›
aegis, agreement, armament, armor, asylum, bail, collateral, compact, contract, covenant, cover, custody, defense, earnest, guard, immunity, pact, pawn, pledge, precaution, promise, refuge, retreat, safeguard, safekeeping, safeness, salvation, sanctuary, shelter, shield, surety, token, ward, warrant.
What words can I use instead of security? ›
- safety.
- protection.
- defense.
- safeness.
- shelter.
- refuge.
- shield.
- guardianship.
What is the definition of security in criminal justice? ›
Private security in the criminal justice context refers to the security and protective services provided by private companies and individuals to protect people, property, and assets from various threats, which can supplement or replace the services provided by public law enforcement agencies.
What does a security being called mean? ›
This sounds simple—but not all bonds reach their maturity. Many bonds issued today are “callable,” which means they can be redeemed by the issuer before the listed maturity date. If that happens, the issuer would pay you the call price and any accrued interest, but they wouldn't make any future interest payments.
What does security mean in human rights? ›
1) Everyone has the right to freedom and security of the person, which includes the right (a) not to be deprived of freedom arbitrarily or without just cause; (b) not to be detained without trial; (c) to be free from all forms of violence from either public or private sources; (d) not to be tortured in any way; and.
What is law and security? ›
This Career Cluster® is focused on planning, managing, and providing legal, public safety and protective services and homeland security, including professional and technical support services.