Secured debt


 

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Secured debt

Debt that has first claim on specified assets in the event of default.



Secured debt

Similar Matches

Unsecured loan

Unsecured loan

A loan where the lender has no entitlement to any of the borrower's assets in the event of the borrower failing to make the loan repayments. Such a loan normally carries a higher interest rate than a secured loan.


Unsecured debt

Unsecured debt

Debt that does not identify specific assets that the debtholder is entitled to in case of default.


Secured bond

Secured bond

A bond backed by the pledge of collateral, a mortgage, or other lien, as opposed to an unsecured bond, called a debenture .


Unsecured loan stock

Unsecured loan stock

Loan stock issued by a company but without security. The holder of the loan stock does not have entitlement to any of the company's assets in the event of non repayment of the loan.


Secured bond

Secured bond

A bond which is secured by the guarantee of assets or collateral.


Further Suggestions

secured loan
secured creditor
Writing cash secured puts


 
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