security agreement

security agreement
security agreement n: an agreement which creates or provides for a security interest
perfect a security interest in collateral described in a security agreement compare secured transaction

Merriam-Webster’s Dictionary of Law. . 1996.

security agreement
An agreement that creates or provides for a security interest (UCC §9-102(73)).
For more information, see Practice Note, Security Agreement: Overview (
Related terms

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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