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LSDefine

Simple English definitions for legal terms

consolidated security

Read a random definition: lex posterior derogat priori

A quick definition of consolidated security:

Consolidated security means being safe from harm or danger. It can also mean something that is given as a promise to pay back money that was borrowed. This promise is called a security. It can be a piece of paper that shows you own part of a company or that you loaned money to a company. Securities don't have value on their own, but they represent something else that does have value, like a company's profits or future prospects.

A more thorough explanation:

Consolidated security is a term used to describe a type of security that is used to guarantee the fulfillment of an obligation. This can include collateral given to a creditor to ensure that they will be repaid any money or credit that they have extended to a debtor.

For example, if you take out a loan from a bank, you may be required to provide collateral in the form of property or other assets. This collateral serves as consolidated security, ensuring that the bank will be repaid if you are unable to make your loan payments.

Consolidated security can also refer to a person who acts as a surety, or guarantor, for someone else. This person is responsible for ensuring that the debtor fulfills their obligations, and may be required to provide collateral as well.

In addition, consolidated security can refer to the state of being secure, especially from danger or attack. This can include measures taken to protect against cyber attacks or other security threats.

Overall, consolidated security is an important concept in finance and business, as it helps to ensure that obligations are fulfilled and risks are minimized.

consolidated school district | consolidated sentence

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General chat about the legal profession.
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Tell us what's important to you
14:27
im from the future
14:27
kamala wins
14:27
276-262
I think she will too lol
WorthlessAttractiveZombie
14:27
since you're from the future, will fordham release today
14:28
no
WorthlessAttractiveZombie
14:28
fuck alright
14:28
not this week
14:28
dont even get ur hopes up u fool im from the year 2076
TheMidwestMonger
14:28
I'm terrified with how the world will react to Trump losing
WorthlessAttractiveZombie
14:28
damn, next question: should i eat the cheese that's been in my fridge for 3 weeks?
14:28
im pretty sure the world is gonna rejoice??
14:29
yes it is the key to immortality
TheMidwestMonger
14:29
Sorry, I meant the far right and their reaction lol
I live in alabama if she wins it's gonna be crazy here
14:30
same as last time whine that it was rigged go to court lose every time
good thing im bouncing next year
oh yeah
JumpySubsequentDolphin
14:31
why won’t ASU send my scholly info ☹️
WorthlessAttractiveZombie
14:31
they sent mine about 3 hours after i got the initial acceptance video thing
I just wanna hear back from them
14:31
the adcomm office got there at 10 am took a two hour lunch at 12 and left at 3:30 -- trust me im from the year 2076
lol
WorthlessAttractiveZombie
14:32
lavender, they should usually get back within a month of going complete
okie doke, thank u!
JumpySubsequentDolphin
14:35
@WorthlessAttractiveZombie: good to know! I thought I missed SMTH bc someone told me they got their admissions packet before the video lol
BulbasaurNoLikeCardio
14:35
I got school that have me under review for over a month... just hope it puts me in their first wave of As
TackyProudYogurt
14:39
Anyone know if asu releases decisions all at once or if they trickle out throughout the day?
WorthlessAttractiveZombie
14:39
I'm pretty sure it's a trickle because they send you a personalized video too
TackyProudYogurt
14:40
Ah okay so I do need to continue refreshing my email every 10 seconds
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