secured
adjective

used to describe a type of borrowing such as a mortgage where the lender has a legal right to take over an asset or assets of the borrower, if the borrower does not repay the loan

Browse by Subjects
debenture
asset-backed security
subordinate debenture
secured liability
security
See All Related Terms »

nominal share capital
underperform
threshold
Government National Mortgage Association (Ginnie Mae)
speed resistance lines (SRL)