dragnet clause is a provision in a mortgage or security agreement that attempts to extend the security interest granted to the creditor to cover not only the described debt but also all other present and future indebtedness of the debtor.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). dragnet clause. Retrieved September 20, 2026, from http://smartdefine.org/dragnet_clause/definitions/1152442 |
| Chicago | Barry Goldsmith. 2010. "dragnet clause" http://smartdefine.org/dragnet_clause/definitions/1152442 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, dragnet clause, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/dragnet_clause/definitions/1152442>. |
| MLA | Barry Goldsmith. "dragnet clause" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/dragnet_clause/definitions/1152442> |