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secured lender

См. также в других словарях:

  • secured — protected or guaranteed as in the case of a loan where the lender holds the title of some asset until the borrower has repaid the loan in full. Glossary of Business Terms * * * secured se‧cured [sɪˈkjʊəd ǁ ˈkjʊrd] adjective FINANCE 1. a secured… …   Financial and business terms

  • secured loan — As security for borrowing, a lender commonly takes a charge over some or all of a company s assets. This allows the lender to take and sell the secured assets and to use the proceeds to repay the indebtedness. Easyform Glossary of Law Terms. UK… …   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 — adj 1 a: guaranteed or protected by security a secured claim b: constituting security secured property 2: having a security interest an interest rendering the primary lender secured 3: involving o …   Law dictionary

  • secured credit — ➔ credit1 * * * secured credit UK US noun [U] (also secured loan [C]) ► FINANCE loans involving an agreement for the lender to take particular assets from the borrower if they cannot pay the money back: »The company managed to keep in business by …   Financial and business terms

  • secured notes — ➔ note1 * * * secured notes UK US noun [plural] ► FINANCE a type of borrowing with an agreement for the lender to take particular assets from the borrower if the money is not paid back: »The senior secured notes are noncallable for five years …   Financial and business terms

  • 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

  • Lender of last resort — A lender of last resort (LOLR) is an institution willing to extend credit when no one else will.OriginOriginally the term referred to a reserve financial institution that secured other banks or eligible institutions, as a last resort; most often… …   Wikipedia

  • Secured transaction — Generally, a secured transaction is a loan or credit transaction in which the lender acquires a security interest in certain collateral owned by the borrower and has the right to foreclose or repossess the collateral in the event of the borrower… …   Wikipedia

  • lender's loss payable clause — A provision in a hazard insurance contract stipulating that in the event of a loss, proceeds will be paid to a secured party. Usually used when the insured property is personal property. This is the personal property version of the standard… …   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

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