Secured debt: Difference between revisions
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* [[Securitise]] | * [[Securitise]] | ||
* [[Security]] | * [[Security]] | ||
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* [[Unsecured debt]] | * [[Unsecured debt]] | ||
Revision as of 14:36, 8 March 2023
Debt backed by collateral in the form of real or monetary assets.
The debt provider takes a legal charge or mortgage debenture against the asset pledged as security.
All other things being equal, secured debt is safer for the lender than unsecured debt.
