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Webster's New World Law Dictionary » security
security 
security definition - legal
n
- Safety; the condition of being protected against harm.
- Collateral given or promised to guarantee the repayment of a debt.
- A document that is evidence of ownership in a corporation (for example, a stock or share), or a creditorÂ’s being owed money by a corporation or government (for example, a bond).
Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
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