Security agreement

Definition - Noun
: an agreement which creates or provides for a security interest <perfect a security interest in collateral described in a security agreement>
compare secured transaction

Based on Merriam-Webster's Dictionary of Law ©2001.
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Published under license with Merriam-Webster, Incorporated.
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collateral estoppel

estoppel by judgment barring the relitigation of issues litigated by the same parties on a different cause of action

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