Security

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1. Assets pledged by a borrower, as additional protection for the lender's interest. For example a residential mortgage loan, for which the security is the residential property mortgaged to the lender.

2. A tradable legal claim upon the assets of the issuer of the security. Examples of traded securities include shares and bonds.

3. Safety, including both physical safety and - for example - the confidentiality of information.

4. Systems and procedures to improve safety. Including for example both physical access controls and electronic controls such as encryption and passwords.

See also