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three hello Id like to welcome you to my channel again today I will be talking about what a security agreement is and this definition is coming from Investopedia again this is us what a is a security agreement and the definition is coming from Investopedia okay a security agreement refers to a document that provides a lender a security interest in a specified asset or property that is pledged as collateral terms and conditions are determined at the time the security agreement is drafted security Agreements are a necessary part of the business world as lenders would never extend credit to certain companies without them in the event that the borrower defaults the pledged collateral can be seized by the lender and sold the key takeaways from this is a security agreement is a document that provides a lender a security interest and a specified asset or property that is pledged as collateral uh security so will security agreements often contain covenants that outline Provisions for the adv