Security

Protection; assurance; indemnification. The term is usually applied to an obligation, pledge, mortgage, deposit, lien, etc., given by a debtor in order to make sure the payment or performance of his debt, by furnishing the creditor with a resource to be used in case of failure in the principal obligation. The name is also sometimes given to one who becomes surety or guarantor for another. See First Nat. Bank v. Hollinsworth, 78 Iowa, 575, 43 N. W. 536, 6 L. R. A. 92; Storm v. Waddell, 2 Sandf. Ch. (N. Y.) 507; Goggins v. Jones, 115 Ga. 596, 41 S. Bl 995; Jennings v. Davis, 31 Conn. 139; Mace v. Buchanan (Tenn. Ch.) 52 S. W. 507.

— Collateral security. See Collateral.

— Counter seenrity. See Counter.

— Marshaling securities. See Marshaling.

— Personal seenrity.
(1) A person's legal and uninterrupted enjoyment of his life, his limbs, his bsdy, his health, and his reputation. 1 Bl. Comm. 129. Sanderson v. Hunt, 25 Ky. Law Rep. 626, 76 S. W. 179.
(2) Evidences of debt Which bind the person of the debtor, not real property, are distinguished from such as are liens on land by the name of "personal securities." Merrill v. National Bank, 173 U. S. 131, 19 Sup. Ct. 360, 43 In Ed. 640,

— Public securities. Bonds, notes, certificates of indebtedness, and other negotiable or transferable instruments evidencing the public debt of a state or government.

— Real security. The security of mortgages or other liens or incumbrances upon land. See Merrill v. National Bank, 173 U. S. 131, 19 Sup, Ct. 360, 43 In Ed. 640.

— Security for costs. See Costs.

— Security for good behavior. A band or recognizance which the magistrate exacts from a defendant brought before him on a charge of disorderly conduct or threatening violence, conditioned upon his being of good behavior, or keeping the peace, for a prescribed period, towards all people in general and the complainant in particular.