to Be Secured - Page 4 - Law Dictionary

Secured asset

Secured asset, means the property on which security interest is created. [Securitisation and Reconstruc-tion of Financial Assets and Enforcements of Security Interest Act, 2002 (54 of 2002), s. 2(1) (zc)]...

Government security

Government security, means a security created and issued by the government for the purpose of raising a public loan or for any other purpose as may be notified by the government in the Official Gazette and having one of the forms mentioned in s. 3. [The Government Securities Act, 2006, s. 2(f) & (e)]...

Existing Securities and Exchange Board

Existing Securities and Exchange Board, means the Securities and Exchange Board of India constituted under the Resolution of the Government of India in the Department of Economic Affairs No. 1(44)SE/86, dated the 12th day of April, 1988. [Securities and Exchange Board of India Act, 1992, s. 2 (1) (c)]...

Debt security sterling

Debt security sterling, means a debt security in relation to which the principal, interest and subscription moneys are payable solely in sterling, and 'debt security' includes bonds, notes, debentures and debenture stock, Banking Act, 1987 (Exempt Transactions) Regulations 1988, reg. 1(2) (UK) Halsbury's Laws of England 3(1), para 32, p. 28....

Contractual lien

Contractual lien, this is a contractual right to retain possession pending payment of sums due to the possessor. The contractual lien, which is often equated with a pledge, is to be distinguished from it in that possession is taken for purposes other than security and unless otherwise agreed the lienee has merely a right to detain the goods until payment of what is due to him, not a right to sell them on default in payment, Halsbury's Laws of England, Vol. 4(1), para 609, p. 265....

Approved securities

Approved securities, means-(i) securities in which a trustee may invest money under clause (a), clause (b), clause (bb), clause (c) or clause (d) of s. 20 of the Indian Trusts Act, 1882; (ii) such of the securities authorised by the Central Government under clause (f) of s. 20 of the Indian Trusts Act, 1882, as may be prescribed. [Banking Regulation Act, 1949 (10 of 1949), s. 5 (a)]...

securities act of 1933

securities act of 1933 The federal securities act regulating the initial public offering (IPO) of securities. (15 U.S.C. Sec. 77) Source: FindLaw ...

secured transaction

secured transaction : a transaction that is intended to create a security interest in personal property (as goods) or fixtures and that is governed by Article 9 of the Uniform Commercial Code compare security agreement ...

lien waiver

lien waiver A document that releases a consumer (homeowner) from any further obligation for payment of a debt once it has been paid in full. Lien waivers typically are used by homeowners who hire a contractor to provide work and materials to prevent any subcontractors or suppliers of materials from filing a lien against the homeowner for nonpayment. Source: U.S. Department of Housing and Urban Development ...

Foreign security

Foreign security, means any security, in the form of shares, stocks, bonds, debentures or any other instrument denominated or expressed in foreign currency and includes securities expressed in for-eign currency, but where redemption or any form of return such as interest or dividends is payable in India currency. [Foreign Exchange Management Act, 1999 (42 of 1999), s. 2 (o)]...

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