debt on a security
A loan note or debenture that is capable of being realised at a profit and capable of assignment. The debt should not be a short-term borrowing and it should carry a return in the form of interest, premium, discount or a right to convert into shares.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • debt security — see security Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. debt security …   Law dictionary

  • debt securities — This term has a number of meanings depending on the context in which it is used: • Generally, a debenture, a government and public security or a warrant which confers a right in respect of an investment in a debenture or government and public… …   Law dictionary

  • Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… …   Wikipedia

  • security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also …   Law dictionary

  • security interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. security interest …   Law dictionary

  • debt — n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan… …   Law dictionary

  • Security — Se*cu ri*ty, n.; pl. {Securities}. [L. securitas: cf. F. s[ e]curit[ e]. See {Secure}, and cf. {Surety}.] 1. The condition or quality of being secure; secureness. Specifically: (a) Freedom from apprehension, anxiety, or care; confidence of power… …   The Collaborative International Dictionary of English

  • security — Something given or pledged to a person who is lending money in order to secure or guarantee payment of that debt. (Dictionary of Canadian Bankruptcy Terms) Under Title 11 U.S.C. Section 101: (49) The term security (A) includes (i) note; (ii)… …   Glossary of Bankruptcy

  • security — [si kyoor′ə tē] n. pl. securities [ME securite < L securitas < securus: see SECURE] 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… …   English World dictionary

  • security for a debt — index mortgage Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

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