/ˈhɛrɪtəbl sɪˈkjʊrəti/ – Phrase
Definition: (Scot) khế ước cầm cố.
A more thorough explanation: A heritable security refers to a type of property or asset that is capable of being inherited or passed down to heirs according to the laws of succession. This term is often used in the context of real property or land that can be transferred to heirs through inheritance or wills.
Example: The heritable security interest in the property was transferred to the new owner upon completion of the sale.