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1 a : guaranteed or protected by security [a claim]
b : constituting security [ property]
2 : having a security interest [an interest rendering the primary lender ]
3 : involving or providing for the creation of a security interest [a sale]
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.