Consent Security definition

Consent Security means any Collateral Debt Security secured by life insurance policies.

Related to Consent Security

  • Investment security means a marketable obligation in the form of a bond, note, or debenture, commonly regarded as an investment security and which is salable under ordinary circumstances with reasonable promptness at a fair value.

  • Government Security means book-entry Treasury securities (as defined in Subpart 0 of Treasury Department Circular No. 300, 31 C.F.R. 306) and any other securities issued or guaranteed by the United States government or any agency or instrumentality of the United States government.

  • Development Security means (i) cash or (ii) a Letter of Credit in the amount set forth on the Cover Sheet.

  • Component Security means with respect to an Index, each component security of that Index.

  • Replacement Securities means securities of the same issuer, class and denomination as Loaned Securities.