security agreement

noun

Legal Definition of security agreement

: an agreement which creates or provides for a security interest perfect a security interest in collateral described in a security agreement — compare secured transaction

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Dictionary Entries Near security agreement

security

security agreement

security deposit

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Cite this Entry

“Security agreement.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/security%20agreement. Accessed 12 Aug. 2022.

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