security interests in intellectual property

Security interests in intellectual property are legal rights that a lender or creditor can hold in a person’s IP assets—such as patents, copyrights, or trademarks—to secure a loan or obligation. If the borrower defaults, the lender has the right to seize and sell those IP rights to recover the owed money. This arrangement allows IP owners to obtain financing using their IP assets as collateral, ensuring lenders have a legal claim that can be enforced if needed.