Security: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Link with SLY and related pages.)
imported>Doug Williamson
(Add link.)
Line 74: Line 74:
* [[Share]]
* [[Share]]
* [[SLY]]
* [[SLY]]
* [[Spens clause]]
* [[Stock]]
* [[Stock]]
* [[Traded option]]
* [[Traded option]]

Revision as of 20:27, 6 June 2016

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.

Other improvements to the legal or commercial position of a lender or another party, particularly in relation to credit risk.


3.

A tradeable legal claim upon the assets of the issuer of the security.

Examples of traded securities include shares and bonds.


4.

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


5.

Systems and procedures to improve safety.

Including for example both physical access controls and electronic controls such as encryption and passwords.


See also