security interest Synonyms

No Synonyms and anytonyms found

security interest Meaning

Wordnet

security interest (n)

any interest in a property that secures the payment of an obligation

security interest Sentence Examples

1. The lender's security interest in the borrower's property serves as collateral for the loan.
2. The purchase agreement included a security interest in the vehicle until the loan was fully paid off.
3. To protect his investment, the investor acquired a security interest in the company's assets.
4. The bank's security interest in the debtor's accounts receivable gave it priority over other creditors.
5. The homeowner wanted to refinance their mortgage, but the previous lender had a security interest in the property.
6. The security interest in the inventory was released once the business had paid down its line of credit.
7. The creditor perfected their security interest by filing a financing statement with the appropriate authority.
8. The debtor's lack of knowledge of the security interest did not affect its validity.
9. The security interest extended to all future property acquired by the debtor.
10. The creditor's failure to maintain their security interest allowed another creditor to take priority.

FAQs About the word security interest

What is the meaning of the word security interest

any interest in a property that secures the payment of an obligation

What are the synonyms of the word security interest

No synonyms found.

What are the antonyms of the word security interest

No antonyms found.

What is the usage of word security interest

The lender's security interest in the borrower's property serves as collateral for the loan.

The purchase agreement included a security interest in the vehicle until the loan was fully paid off.

How to use the word security interest in a sentence?

To protect his investment, the investor acquired a security interest in the company's assets.

The bank's security interest in the debtor's accounts receivable gave it priority over other creditors.