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security

noun (FINANCE)
 
 
/sɪˈkjʊə.rɪ.ti/ US  /-ˈkjʊr.ə.t̬i/

Definition

[U] property or goods that you promise to give to someone if you cannot pay them what you owe them: She used her shares in the company as security against a £23 million bank loan. The hotel held onto our baggage as security while we went to the bank to get money to pay the bill.Borrowing, lending and debt securities [plural] specialized investment in a company or in government debt that can be traded on the financial markets and produces an income for the investorFinancial investments and the stock market
(Definition of security noun (FINANCE) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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