Security entitlement: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{a|collateral|}}Not, as it transpires, merely a pedantic way of saying security interest; a security entitlement is a concept harvested from the United States unifo...") |
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Revision as of 15:40, 12 April 2019
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Not, as it transpires, merely a pedantic way of saying security interest; a security entitlement is a concept harvested from the United States uniform commercial code.
It “is the rights and property interest of an entitlement holder with respect to a financial asset held through a securities intermediary” and you can find it at UCC §8-102(a)(17), if the fancy truly grabs you.