Security interest defined as property rights securing obligations, including mortgage and charge, expressly excluding performance guarantees. Definition of Security interest: a right, title, interest or claim in property created in favour of a secured creditor to secure payment or performance of ... Summary
Security interest defined as property rights securing obligations, including mortgage and charge, expressly excluding performance guarantees.
Definition of Security interest: a right, title, interest or claim in property created in favour of a secured creditor to secure payment or performance of an obligation, including mortgage, charge, hypothecation, assignment and encumbrance or any other arrangement securing an obligation, but excluding a performance guarantee.
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