Secured loan

A Loan which is backed by assets belonging to the borrower in Order to decrease the Risk assumed by the lender. The assets may be forfeited to the Lender if the borrower fails to make the necessary payments.

Related Terms: 9 Asset, Borrow, Long, Lend, Lender, Loan, Order, Owe, Risk

Other Related Pages: Category: Lending_and_Credit Starting With: S

Additional Related Terms: 10-K, Active asset, Allowance for depreciation, Alternative assets, Asset, Asset/equity ratio, Available assets, Asset management account, Asset-backed security, Asset swap