insecurity clause

noun

Legal Definition of insecurity clause

: a clause in an agreement (as a security agreement) allowing a party who deems himself or herself insecure to require immediate payment or performance or the giving of collateral

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insecure

insecurity clause

inside information

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Cite this Entry

“Insecurity clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/insecurity%20clause. Accessed 27 Jul. 2021.

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