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Security interest (view source)

Revision as of 21:11, August 6, 2008

273 bytes added ,  21:11, August 6, 2008
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A '''security interest''' is a type of legal right for the seller of goods or lenders of money to protect against refusal or inability of the buyer or borrower to repay the indebtedness.

A [[mortgage]] is the most common type of security interest.
[[category:legal terms]]
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