SECURITY


Meaning of SECURITY in English

an asset or assets to which a lender can have recourse if the borrower default s on the loan repayments. In the case of loans by banks and other money-lenders the security is sometimes referred to as collateral.

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.