👉 Subsecurity refers to a security interest in securities, typically issued by a person other than an issuer of those securities. Subsecurity can be either equity or debt, depending on the type of securities involved. In general, subsecurity is a form of collateral provided by a third party for the security holder's use of the underlying assets. This collateral may include shares, bonds, or other financial instruments that represent the rights to receive payments from the issuer in exchange for their investment. Subsecurity can be secured