Security vs Insurance - What's the difference?
security | insurance |
(uncountable) The condition of not being threatened, especially physically, psychologically, emotionally, or financially.
* Shakespeare
* Jonathan Swift
(countable) Something that secures.
An organization or department responsible for providing security by enforcing laws, rules, and regulations as well as maintaining order.
* {{quote-magazine, date=2012-12-14, author=Simon Jenkins, authorlink=Simon Jenkins
, volume=188, issue=2, page=23, date=2012-12-21, magazine=(The Guardian Weekly)
, title= * {{quote-magazine, date=2013-06-08, volume=407, issue=8839, page=52, magazine=(The Economist)
, title= (legal) Something that secures the fulfillment of an obligation or law.
(legal) Freedom from apprehension.
(finance) Proof of ownership of stocks, bonds or other investment instruments.
(finance) Property etc. temporarily relinquished to guarantee repayment of a loan.
A guarantee.
* Macaulay
(obsolete) Carelessness; negligence.
* Shakespeare
A means of indemnity against a future occurrence of an uncertain event.
*{{quote-magazine, date=2012-01
, author=Philip E. Mirowski
, title=Harms to Health from the Pursuit of Profits
, volume=100, issue=1, page=87
, magazine=
The business of providing insurance.
Metaphoric: Any attempt to anticipate an unfavorable event.
Blackjack: A bet made after the deal, which pays off if the dealer has blackjack.
(countable) An insurance policy
* {{quote-news, year=2009, date=February 18, author=Cheryl Critchley, title=Free child care for Victorian bushfire victims, work=Herald Sun
, passage="The children need to get back to some level of normalcy and their families can certainly use some respite to deal with things such as insurances , licences and other things they have lost," he said. }}
In countable terms the difference between security and insurance
is that security is something that secures while insurance is an insurance policy.As nouns the difference between security and insurance
is that security is the condition of not being threatened, especially physically, psychologically, emotionally, or financially while insurance is a means of indemnity against a future occurrence of an uncertain event.security
English
(wikipedia security)Alternative forms
* secuerity (mostly obsolete)Noun
- Give up yourself merely to chance and hazard, / From firm security .
- Some alleged that we should have no security for our trade.
We mustn't overreact to North Korea boys' toys, passage=The threat of terrorism to the British lies in the overreaction to it of British governments. Each one in turn clicks up the ratchet of surveillance, intrusion and security . Each one diminishes liberty.}}
The new masters and commanders, passage=From the ground, Colombo’s port does not look like much. Those entering it are greeted by wire fences, walls dating back to colonial times and security posts. For mariners leaving the port after lonely nights on the high seas, the delights of the B52 Night Club and Stallion Pub lie a stumble away.}}
- Those who lent him money lent it on no security but his bare word.
- He means, my lord, that we are too remiss, / Whilst Bolingbroke, through our security , / Grows strong and great in substance and in power.
Synonyms
* (condition of not being threatened) safety * (something that secures) protection * (something that secures the fulfillment of an obligation) guarantee, surety * See alsoAntonyms
* insecurity (condition of being threatened )Derived terms
* asset-backed security * computer security * information security * security blanket * Security Council * security by design * security hole * security procedure * security theater * security through obscurity * social securityinsurance
English
Noun
(wikipedia insurance) (en-noun)citation, passage=In an era when political leaders promise deliverance from decline through America’s purported preeminence in scientific research, the news that science is in deep trouble in the United States has been as unwelcome as a diagnosis of leukemia following the loss of health insurance .}}
- The car was totalled, but fortunately I had insurance .
- After five years in banking, I switched to insurance .
- The sky was clear, but I took my umbrella for insurance .
- I only take insurance if the count is right.
citation