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Security interest
Interest in property that exists by contract as security for payment of a defined capital amount plus to a limited extent of interest and administrative costs over and above this amount. See also maximum sum mortgage.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
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