Equitable security: Difference between revisions
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{{anat|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 [[equity|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 [[equity|that purblind world policed by the courts of chancery]]. | ||
Revision as of 15:49, 8 March 2018
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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.