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securement

securement

8.2
Giving property to a bank so the bank can take it if you do not pay
  • noun
  • /sɪˈkjʊr.mənt/
  • Formal
translation icon : garantía
  • As a bail bondsman, Vinnie gives the court a cash bond as a securement that the accused will return for trial.

Examples

  • The bank required a securement of property to ensure the loan would be repaid.

  • The securement process was necessary to protect the lender's interests against potential loss.

  • Her securement of the contract included a stipulation for collateral in case of default.

Synonyms

guarantee
vssecurement
  • Formal
169 3.5

A promise by someone to pay a debt if another person fails

is the act of providing collateral or creating legal rights rather than promising
security
vssecurement
  • Specialized
88 4.6

Property given to a lender as a guarantee for a loan

is the act of providing property or forming a legal claim to ensure repayment
collateral
vssecurement
  • Specialized
47 7.5

Property you promise to the lender if you cannot repay a loan

is the act of giving such property or creating a claim to guarantee debt
security deposit
vssecurement
  • Specialized
15 3.4

Money paid in advance to a landlord or company as a promise you will keep the agreement

is the act of creating legal arrangements by offering collateral or forming rights
security interest
vssecurement
  • Formal
8 6.7

A legal right on property that helps a lender get paid

is the act of creating that legal claim or giving property as guarantee
pledge
vssecurement
  • Specialized
4 4.9

An item given to someone to hold until you pay back a debt

is the act of providing those items or creating rights to ensure obligations
surety
vssecurement
  • Formal
1 8.9

Property or money given to the lender so the loan will be repaid

is the act of arranging that guarantee or offering property to ensure obligations

Antonyms

31 3.6

A lack of safety that makes people or places open to danger

How Secure

mortgage
  • Specialized
526 5.4
lien
  • Specialized
30 9.4
securement
  • Formal
8.2
guarantee
  • Formal
169 3.5
collateral
  • Specialized
47 7.5
pledge
  • Specialized
4 4.9

Surface Forms

securement singular
securements plural

Morphology

securement = secure (semi-transparent) = secure + ment

Morphologically derived from 'secure' + '-ment', but the legal sense (creating a security interest or providing collateral) is specialized and may not be obvious to general learners.

Etymology

Securement comes from secure ('safe') plus -ment (like in 'agreement'), and in law or money matters it means giving something as 'security' or a promise so a bank or lender feels safe about a loan.