secured
Definition
Credit, loan, or obligation whose full payment or satisfaction is guaranteed by the pledge of something of equal or greater liquidation value.
secured is in the Banking, Commerce & Finance subject.
secured appears in the definitions of the following terms:
commodity paper,
open mortgage,
loan capital,
combination loan-to-value (CLTV),
bond classification,
mortgage takeback,
accounts receivable financing,
dangerous goods packing certificate,
signed, sealed, and delivered,
unsecured debt
and
This content can be found on the following page:
http://www.businessdictionary.com/definition/secured.html
email to a friend print this definition cite this definition