attachment

A procedure established by Article 9 of the UCC. Creditors must comply with this procedure in order to obtain a security interest in property owned by a debtor. Alternatively or in addition, the process may be used to give the creditor a security interest in property owned by a guarantor or by another third party. Often, attachment alone is not sufficient to establish the priority of the creditor's interest relative to the interests of other creditors.

See financing statements and perfection. American Banker Glossary

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The combination of different security types to create a unit. Units are usually comprised of warrants and bonds or warrants and equity. Securities may be combined at the request of the security holder or based on market convention. Euroclear Clearing and Settlement glossary

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attachment at‧tach‧ment [əˈtætʆmənt] noun

1. [countable, uncountable] LAW when part of someone's earnings or money that is owed to them is taken by a court and used to pay their debts:

• Organizations can apply to have an attachment of earnings made on someone who owes them money.

2. [countable] a piece of paper fastened to a document such as an insurance agreement, which shows a special condition of the agreement

3. [countable] COMPUTING a document which is sent as part of an email message:

• You can send me the spreadsheet as an attachment.

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attachment UK US /əˈtætʃmənt/ noun

► [C] IT, COMMUNICATIONS, INTERNET a computer file that is sent together with an email: »

Do not click on an email attachment unless it is from a reliable source.

► [C] LAW a document joined to an agreement which gives extra details, often a list of things that are allowed or not, and forms part of the agreement

► [C] IT a small piece of equipment that you can attach to a computer, machine, etc. to do a particular task: »

A simple attachment allows pictures to be emailed directly from the camera.

► [C or U] HR the act of working in a department or company temporarily for a particular purpose: »

Five students are on attachment to the Finance Department.

► [C or U] LAW a court order for money or property to be taken from someone in order to pay their debts: »

An application for an attachment of debt must be made to a court.

● attachment of earnings — Cf. attachment of earnings