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security

   Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Idioms, Encyclopedia, Wikipedia 0.02 sec.

security

In finance, assets that may be sold if a borrower defaults on a loan. For example, when a person takes out a mortgage on a house, the house acts as security for the lender. If the person cannot carry on paying the mortgage, the lender can repossess the house and sell it to get back the money owed. Another example would be a person offering stocks and shares as security for a bank loan. In work, job security is freedom from fear of dismissal.

security

Protection against loss or misuse of data; see data security.



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? Mentioned in ? References in classic literature
 
Every one of these minor firms claimed and received the privilege of drawing bills on Pizzituti, Turlington & Branca for amounts varying from four to six thousand pounds--on no better security than a verbal understanding that the money to pay the bills should be forwarded before they fell due.
Miss or Mrs.? by Collins, Wilkie View in context
A seaman labouring under an undue sense of security becomes at once worth hardly half his salt.
The Mirror of the Sea by Conrad, Joseph View in context
In order to guard herself against matrimonial injuries in her own house, as she kept one maid-servant, she always took care to chuse her out of that order of females whose faces are taken as a kind of security for their virtue; of which number Jenny Jones, as the reader hath been before informed, was one.
The History of Tom Jones, a Foundling by Fielding, Henry View in context
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