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词汇 Trust receipts
分类 英语词汇 英语翻译词典
释义

Trust receipts

英语百科

Security interest

(重定向自Trust receipts)

A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt. It gives the beneficiary of the security interest certain preferential rights in the disposition of secured assets. Such rights vary according to the type of security interest, but in most cases, a holder of the security interest is entitled to seize, and usually sell, the property to discharge the debt that the security interest secures.

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