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security

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se⋅cu⋅ri⋅ty

[si-kyoor-i-tee] noun, plural -ties, adjective
–noun
1. freedom from danger, risk, etc.; safety.
2. freedom from care, anxiety, or doubt; well-founded confidence.
3. something that secures or makes safe; protection; defense.
4. freedom from financial cares or from want: The insurance policy gave the family security.
5. precautions taken to guard against crime, attack, sabotage, espionage, etc.: The senator claimed security was lax and potential enemies know our plans.
6. a department or organization responsible for protection or safety: He called security when he spotted the intruder.
7. protection or precautions taken against escape; custody: The dangerous criminal was placed under maximum security.
8. an assurance; guarantee.
9. Law.
a. something given or deposited as surety for the fulfillment of a promise or an obligation, the payment of a debt, etc.
b. one who becomes surety for another.
10. an evidence of debt or of property, as a bond or a certificate of stock.
11. Usually, securities. stocks and bonds.
12. Archaic. overconfidence; cockiness.
–adjective
13. of, pertaining to, or serving as security: The company has instituted stricter security measures.

Origin:
1400–50; late ME securytye, securite(e) < L sēcūritās. See secure, -ity


2. assurance, certainty, positiveness. 3. safeguard, safety.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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se·cu·ri·ty   (sĭ-kyŏŏr'ĭ-tē)   
n.   pl. se·cu·ri·ties
  1. Freedom from risk or danger; safety.

  2. Freedom from doubt, anxiety, or fear; confidence.

  3. Something that gives or assures safety, as:

    1. A group or department of private guards: Call building security if a visitor acts suspicious.

    2. Measures adopted by a government to prevent espionage, sabotage, or attack.

    3. Measures adopted, as by a business or homeowner, to prevent a crime such as burglary or assault: Security was lax at the firm's smaller plant.

    4. Measures adopted to prevent escape: Security in the prison is very tight.

  4. Something deposited or given as assurance of the fulfillment of an obligation; a pledge.

  5. One who undertakes to fulfill the obligation of another; a surety.

  6. A document indicating ownership or creditorship; a stock certificate or bond.


[Middle English securite, from Old French, from Latin sēcūritās, from sēcūrus, secure; see secure.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Security

An instrument representing ownership (stocks), a debt agreement (bonds), or the rights to ownership (derivatives).

Investopedia Commentary

A security is essentially a contract that can be assigned a value and traded.

Examples of a security include a note, stock, preferred share, bond, debenture, option, future, swap, right, warrant, or virtually any other financial asset.

Related Links

Stock Basics Tutorial
Bond Basics Tutorial
Mutual Fund Basics Tutorial
How Does Someone Actually Transact Securities?

See also: Blue Chip, Corporation, Earnings, Equity, Penny Stock, Shareholder, Shares, Stock

Also spelled: securities

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

security

  1. An instrument that, for a stock, shows ownership in a firm; for a bond, indicates a creditor relationship with a firm or with a federal, state, or local government; or signifies other rights to ownership.

  2. Collateral used to guarantee repayment of a debt.


Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: se·cur·i·ty
Pronunciation: si-'kyur-&-tE
Function: noun
Inflected Form: plural -ties
1 a : something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation security for a loan> b : SURETY —see also SECURITY FOR COSTS
2 : evidence of indebtedness, ownership, or the right to ownership; specifically : evidence of investment in a common enterprise (as a corporation or partnership) made with the expectation of deriving a profit solely from the efforts of others who acquire control over the funds invested security involves some form of investment contract> —see also DUE DILIGENCE
asset–backed security
: a security (as a bond) that represents ownership in or is secured by a pool of assets (as loans or receivables) that have been securitized
bearer security
: a security (as a bearer bond) that is not registered and is payable to anyone in possession of it
cer·tif·i·cat·ed security
/s&r-'ti-f&-"kA-t&d-/
: a security that belongs to or is divisible into a class or series of shares, participations, interests, or obligations, is a commonly recognized medium of investment, and is represented on an instrument payable to the bearer or a specified person or on an instrument registered on books by or on behalf of the issuer
convertible security
: a security (as a share of preferred stock) that the owner has the right to convert into a share or obligation of another class or series (as common stock)
debt security
: a security (as a bond) serving as evidence of the indebtedness of the issuer (as a government or corporation) to the owner
equity security
: a security (as a share of stock) serving as evidence of an ownership interest in the issuer; also : one convertible to or serving as evidence of a right to purchase, sell, or subscribe to such a security
ex·empt·ed security
: a security (as a government bond) exempt from particular requirements of the Securities and Exchange Commission (as those relating to registration on a security exchange)
fixed–income security
: a security (as a bond) that provides a fixed rate of return on an investment (as because of a fixed interest rate or dividend)
government security
: a security (as a Treasury bill) that is issued by a government, a government agency, or a corporation in which a government has a direct or indirect interest
hybrid security
: a security with characteristics of both an equity security and a debt security
mortgage–backed security
: a security that represents ownership in or is secured by a pool of mortgage obligations; specifically : a pass-through security based on mortgage obligations
pass–through security
: a security representing an ownership interest in a pool of debt obligations from which payments of interest and principal pass from the debtor through an intermediary (as a bank) to the investor; especially : one based on a pool of mortgage obligations guaranteed by a federal government agency —compare COLLATERALIZED MORTGAGE OBLIGATION, REMIC
registered security
1 : a security (as a registered bond) whose owner is registered on the books of the issuer
2 : a security that is to be offered for sale and for which a registration statement has been submitted
restricted security
: a security accompanied by restrictions on its free transfer or registration of transfer
shelf security
: a corporate security held for deferred issue in a shelf registration
Treasury security
: a security issued by a government treasury : TREASURY 3
un·cer·tif·i·cat·ed security
/"&n-s&r-'ti-f&-"kA-t&d-/
: a security that belongs to or is divisible into a class or series of shares, participations, interests, or obligations, that is a commonly recognized medium of investment, that is not represented by an instrument, and the transfer of which is registered on books by or on behalf of the issuer
unregistered security
: a security for which a registration statement has not been filed
when–is·sued security
: a security traded on a conditional basis prior to its issue
3 a : measures taken to guard against espionage or sabotage, crime, attack, or escape b : an organization or department whose task is security
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Medical Dictionary

Main Entry: se·cu·ri·ty
Pronunciation: si-'kyur-&t-E
Function: noun
Inflected Form: plural -ties
: freedom fromfear or anxiety security dates back into infancy —K. C. Garrison>
Merriam-Webster's Medical Dictionary, © 2002 Merriam-Webster, Inc.
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Computing Dictionary

security security
Protection against unauthorized access to, or alteration of, information and system resources including CPUs, storage devices and programs.
Security includes:
* confidentiality - preventing unauthorized access; integrity - preventing or detecting unauthorized modification of information.
* authentication - determining whether a user is who they claim to be.
* access control - ensuring that users can access the resources, and only the resources, that they are authorised to.
* nonrepudiation - proof that a message came from a certain source.
* availability - ensuring that a system is operational and accessible to authorised users despite hardware or software failures or attack.
* privacy - allowing people to know and control how information is collected about them and how it is used.
Security can also be considered in the following terms:
* physical security - who can touch the system to operate or modify it, protection against the physical environment - heat, earthquake, etc.
* operational/procedural security - who is authorised to do or responsible for doing what and when, who can authorise others to do what and who has to report what to who.
* personnel security - hiring employees, background screening, training, security briefings, monitoring and handling departures.
* System security - User access and authentication controls, assignment of privilege, maintaining file and filesystem integrity, backup, monitoring processes, log-keeping, and auditing.
* network security - protecting network and telecommunications equipment, protecting network servers and transmissions, combatting eavesdropping, controlling access from untrusted networks, firewalls, and intrusion detection.
Encryption is one important technique used to improve data security.
OWASP is the free and open application security community.
(2007-10-05)

The Free On-line Dictionary of Computing, © 1993-2007 Denis Howe
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Idioms & Phrases

security

In addition to the idiom beginning with security, also see lull into (false sense of security).

The American Heritage® Dictionary of Idioms by Christine Ammer.
Copyright © 1997. Published by Houghton Mifflin.
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