- loan, secured
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n.A loan that is secured with property or securities; also called a collateral loan.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
loan, secured
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secured loan — ➔ loan1 * * * secured loan UK US noun [C] ► FINANCE SECURED CREDIT(Cf. ↑secured credit) … Financial and business terms
Secured loan — A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral in… … Wikipedia
loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
secured — Supported or backed by security or collateral such as a secured debt for which property has been pledged or mortgaged. See security @ secured bond Bond backed by collateral, mortgage, or other type of security Compare debenture @ secured creditor … Black's law dictionary
loan — Synonyms and related words: Wall Street loan, accommodate with, accommodation, advance, allow, allowance, call loan, call money, collateral loan, credit, demand loan, external loan, float a loan, foreign loan, lease lend, lend, lend lease, loan… … Moby Thesaurus
loan — n 1 a: money lent at interest b: something lent usu. for the borrower s temporary use 2: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usu … Law dictionary
secured transaction — secured trans·ac·tion n: a transaction that is intended to create a security interest in personal property (as goods) or fixtures and that is governed by Article 9 of the Uniform Commercial Code compare security agreement Merriam Webster’s… … Law dictionary
secured obligations — USA Defined term typically used in the security agreement to describe the obligations secured by the security interest in the collateral. Typically, the borrower s secured obligations consist of its obligations to pay all amounts when due and… … Law dictionary
secured debt — n. A debt that is guaranteed by certain items that the creditor may take if the debtor fails to pay back the loan. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. secured debt … Law dictionary
