Secur
/ˈsiːkjʊər/
Definitions
- (n.) A financial instrument or asset that can be traded, representing an ownership position, creditor relationship, or rights to ownership.
The company issued new securities to raise capital.
- (adj.) Relating to security interests in property, especially in collateral or guarantees for debts or performance.
The debtor provided a secur interest in the machinery to the lender.
Related terms
See also
Commentary
The term 'secur' is rarely used alone; it often appears as a root in words like 'security' or 'securitize.' In drafting, it's important to distinguish 'secur' as a root versus specific terms derived from it.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.