Math Definitions - Letter S
Chapters
Security
Definition of Security
Security is an asset that is used to guarantee that you will repay a loan. If you don't repay the loan, you lose the asset that was used as security.
For example, when you borrow money to buy a boat, the security is the boat. If you can't pay back the money, then the lender will take the boat and sell it in order to get as much of their money back as possible.
A security is also a term that refers to a legal document that proves your ownership of shares or bonds in a company and states your right to share in the earnings of the company.
Description
The aim of this dictionary is to provide definitions to common mathematical terms. Students learn a new math skill every week at school, sometimes just before they start a new skill, if they want to look at what a specific term means, this is where this dictionary will become handy and a go-to guide for a student.
Audience
Year 1 to Year 12 students
Learning Objectives
Learn common math terms starting with letter S
Author: Subject Coach
Added on: 5th Feb 2018
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