Equitable security
A security interest, such as a charge or an assignment by way of security, that doesn't meet the formal criteria to be a legal security interest, and has to rumble round in that purblind world policed by the courts of chancery.
A security interest, such as a charge or an assignment by way of security, that doesn't meet the formal criteria to be a legal security interest, and has to rumble round in that purblind world policed by the courts of chancery.