security interest

noun

: the rights that a creditor has in the personal property of a debtor that secures an obligation : lien

Word History

First Known Use

1951, in the meaning defined above

Time Traveler
The first known use of security interest was in 1951

Dictionary Entries Near security interest

security guard

security interest

security police

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Cite this Entry

“Security interest.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/security%20interest. Accessed 22 Nov. 2024.

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Legal Definition

security interest

see interest sense 1

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