A computer system that is designed for dedicated servers only to provide a secure online commerce transaction over a network such as the internet.
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SECURE SITE
A facility for computers that is equipped with servers that are secure in order to provide the secure data exchange over the internet.
SECURE SOCKET LAYER (SSL)
An open standard for the encryption of data, authentication and privacyover a network like the internet.Netscape developed the idea that is based on the RSA method. It is independent of […]
SECURE SYSTEM
A computer system that has protection that is provided through software and hardware that prevents against corruption of data, interception of data and any loss of data or unauthorised access.
SECURED
A credit, obligation of loan that is guaranteed by a pledge of an item of gtreater or equal value on liquidation .
SECURED BASIS
The offering of assets by the business owner as a way to secure a loan.
SECURED CREDIT CARD
A credit card that is backed by a savings account or a fixed term deposit.
SECURED CREDITOR
See SECURED.
SECURED DEBENTURE
An asset of the issuer that will back debt and act as security.
SECURED DEBT
An asset collateralized bond or loan protecting the borrower from default because of its hierarchical ranking above other claimholders. Refer to senior debt and subordinated debt .
SECURED INTEREST
A lien that a lender has over a borrower’s asset used as collateral legally allowing the right to foreclose upon default. Refer to floating lien .
SECURED LENDER
A lender who has a fixed or a floating charge on the assets of teh borrower. These lenders are paid before unsecured lenders.
SECURED LIABILITY
The piece of equipment or an asset that is used as collateral and is held until the loan has been paid.
SECURED LOAN
In cases of default the borrower promises to give up an asset or piece of property which the lender can then sieze.
SECURED NOTE
A document the will specify the loan terms and the interest rate . It may include other provisions that will reduce the risk of defaults.
SECURED PARTY
The lender or seller who is holding the security interest or lien that is against an asset that has been pledged. Secured parties are paid first before the unsecured ones.
SECURITAS
In old English law . Security; surety. In the civil law . An acquittance or release. Spelman; Calvin.
SECURITATEM INVENIENDI
An ancient writ, lying for the sovereign, against any of his subjects, to stay them from going out of the kingdom to foreign parts; the ground whereof is that every […]
SECURITATIS PACIS
In old English law . Security of the peaca A writ that lay for one who was threatened with death or bodily harm by another, against him who so threatened. […]
SECURITIES
A negotiable or non-negotiable investment or financing instrument that can be sold and bought on the finnacial market. Bonds, stocks, debentures notes and options are included.
SECURITIES ACT OF 1933
Legislation that was passed after the Wall Street crash in 1929. It requires the registration of publicly traded securities and full disclosure of any financial information of securities and penalties […]
SECURITIES AND EXCHANGE COMMISSION
the name that is given to a federal agency that regulates and supervises the securities industry.
SECURITIES AND EXCHANGE COMMISSION (SEC)
The commission set up by the Federal Government to regulate the securities market, regulate corporate takeovers, and insure full public disclosure to protect citizens against fraud.
SECURITIES DEPOSITED WITH OTHERS COVERAGE FORM
A form in commercial crime that will cover a security deposited with an institution like a bank or trust firm or a stock broker . It covers any losses due […]
SECURITIES ENFORCEMENT REMEDIES AND PENNY STOCK REFORM ACT OF 1990
An amendment to the Securities Act of 1933 that expanded the enforcement remediesfor any SEC violations. An electronic system of quoting was developed that provided a greater transparency to OTC […]