Security: Canada Debt .ca defines Security

Bankruptcy Term Security

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Canada Debt has the definition to the bankruptcy and debt term Security. Finding answers to terms such as Security can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Security in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Security' is used as follows:

Something given or pledged to a person who is lending money in order to secure or guarantee payment of that debt.