How is Private Security defined in a legal contract?
- Private Security means protection provided by a person excluding public servants, that safeguards individuals or properties, and may consist of armored car services as well. Seen in 33 SEC filings.
- Private Security means a kind of restricted security. Seen in 3 SEC filings.
- Private Security means any class of securities as specified in the pooling and Master Servicing Agreement. Seen in 2 SEC filings.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of private security' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Private Security means a safeguarding service provided by a non-public servant entity, protecting individuals and properties, inclusive of armored car services.
Relevant Contract Types
Relevant Circumstances
- When a business or individual requires extra protection or security for their property.
- When a financial institution needs insured transit for high-value items.
Relevant Sectors
Genie Definition 2
- Private Security means a categorized class of restricted securities system.
Relevant Contract Type
Relevant Circumstances
- When a company issues new shares or other securities.
- When an investor purchases a stake in a privately-held company.
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs