Business / Loan / Security: A pledge made to secure the performance of a contract or the fulfillment of an obligation. Examples of securities include real estate, equipment stocks or a co-signer. Mortgages are a form of security with strong legal standing, because they are publicly registered following a formal legal procedure. A mortgage gives the lender holding a mortgage security the right to reclaim the asset being financed, if repayment is not made.
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Security Verb Synonyms: safety, shelter, protection, fastness, refuge, safe keeping, sanctuary, asylum
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Business / Agriculture / Food Security Wheat Reserve (FSWR): Title III of the Agriculture Act of 1980 established a reserve of up to 4 million metric tons of wheat for use in meeting emergency food needs in developing countries. This reserve generally was to be MORE
Business / Finance / Senior Security: A security that, in the event of bankruptcy, will be redeemed before any other securities. MORE
Business / Human Resources (HR) / Social Security Card: A card issued by the Social Security Administration displaying an individual?€™s full legal name and social security number assigned to the individual. MORE