单词 | security |
释义 | security security1. An asset or assets to which a lender can have recourse if the borrower defaults on the loan repayments. In the case of loans by banks and other moneylenders the security is sometimes referred to as collateral. seed capital The small amount of initial capital required to fund the research and development necessary before a new company is set up. The seed capital should enable a persuasive and accurate business plan to be drawn up. |
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