Define: Private Security

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.

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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.

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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

• Security Services Contract
• Commercial Lease Agreements

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

• Security Services
• Property Management
• Banking and Finance

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Genie Definition 2

• Private Security means a categorized class of restricted securities system.

Relevant Contract Type

• Investment Agreement
• Shareholder Agreements

Relevant Circumstances

• When a company issues new shares or other securities.
• When an investor purchases a stake in a privately-held company.

Relevant Sectors

• Investment Banking
• Private Equity
• Corporate Law

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