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Secured loan |
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Secured loanA loan where the borrower offers an asset to which the lender has access in the event of the borrower failing to make the loan repayments.Similar MatchesUnsecured loan stockUnsecured loan stockLoan 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 bondSecured bondA bond backed by the pledge of collateral, a mortgage, or other lien, as opposed to an unsecured bond, called a debenture . Secured creditorSecured creditorA creditor who has a charge over the assets of a debtor in the event of the debtor failing to meet his/her obligations. Writing cash secured putsWriting cash secured putsAn option strategy to avoid using a margin account. Instead of depositing margin with a broker, a put writer can deposit a cash balance equal to the option exercise price, and can avoid additional margin calls. Secured bondSecured bondA bond which is secured by the guarantee of assets or collateral. Further SuggestionsSecured debtUnsecured debt unsecured loan |
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