Security Interest

A Security Interest is a legal right in collateral given to a creditor. If the debtor fails to fulfill its obligations to the creditor, the creditor can force the sale of the collateral and collect what it is owed from the debtor.

Also Check Out: Collateral, Junior Debt, Secured Debt, Senior Debt, Subordinated Debt, Unsecured Debt, Venture Debt,
Return to Glossary