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Stringency and Security

noun

  • A state occasioned by scarcity of money and a shortage of credit.
  • Conscientious attention to rules and details.
(n.) The quality or state of being stringent.

noun

  • The state of being free from danger or injury.
    • usage: "we support the armed services in the name of national security"
  • Defense against financial failure; financial independence.
    • usage: "his pension gave him security in his old age"; "insurance provided protection against loss of wages due to illness"
  • Freedom from anxiety or fear.
    • usage: "the watch dog gave her a feeling of security"
  • A formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends.
    • usage: "he held several valuable securities"
  • Property that your creditor can claim in case you default on your obligation.
    • usage: "bankers are reluctant to lend without good security"
  • A department responsible for the security of the institution's property and workers.
    • usage: "the head of security was a former policeman"
  • A guarantee that an obligation will be met.
  • An electrical device that sets off an alarm when someone tries to break in.
  • Measures taken as a precaution against theft or espionage or sabotage etc..
    • usage: "military security has been stepped up since the recent uprising"
(DoD) A condition that results from the establishment and maintenance of protective measures that ensure a state of inviolability from hostile acts or influences.
(DoD) With respect to classified matter, the condition that prevents unauthorized persons from having access to official information that is safeguarded in the interests of national security. See also national security.
(DoD) Measures taken by a military unit, activity, or installation to protect itself against all acts designed to, or which may, impair its effectiveness.

Generally speaking, a' Security' is a financial instrument that shows you own shares in a company (by owning stocks), have loaned money to a company, government, or municipality (by investing in bonds), or have rights to future ownership (as with options, rights, or warrants). Traditionally, securities were physical documents, such as stock or bond certificates. But with the advent of electronic recordkeeping, paper certificates have increasingly been replaced by electronic documentation.