security interest
security interest 担保利益；担保物权 指根据担保协议而在特定财产上所获得的权益，以担保债务的履行，如果一方当事人违约，则设定该担保权益的财产可被出卖，并以出卖所得清偿所担保的债务。例如抵押权，根据《统一商法典》〔U.C.C.〕第9篇而设定的担保权益。通常，优先权或留置权〔lien〕也被作为担保权益，但其大多数系根据法律规定而非当事人约定所产生。
security interest
security interest
security interest. A property interest created by agreement or by operation of law to secure performance of an obligation (esp. repayment of a debt). • Although the UCC limits the creation of a security interest to personal property, the Bankruptcy Code defines the term to mean “a lien created by an agreement.” 11 USCA §
security interest
A property interest created by agreement or by operation of law to secure performance of an obligation (esp. repayment of a debt). • Although the UCC limits the creation of a security interest to personal property, the Bankruptcy Code defines the term to mean “a lien created by an agreement.” 11 USCA § 101(51). [Cases: