something clearly established

property that your creditor can claim in case you default on your obligation; bankers are reluctant to lend without good security

[ Syn: security ]

a prisoner who is held by one party to insure that another party will meet specified terms

[ Syn: hostage ]

one who provides a warrant or guarantee to another

[ Syn: guarantor , warrantor , warranter ]

a guarantee that an obligation will be met

[ Syn: security ]