Secured debt: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Layout.) |
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Debt backed by collateral in the form of real or | Debt backed by collateral in the form of real or financial 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. | All other things being equal, secured debt is safer for the lender than unsecured debt. | ||
== See also == | == See also == | ||
* [[Charge]] | |||
* [[Collateral]] | * [[Collateral]] | ||
* [[Debenture]] | * [[Debenture]] | ||
* [[Debt]] | |||
* [[Financial asset]] | |||
* [[Mortgage]] | |||
* [[Pledge]] | |||
* [[Real asset]] | |||
* [[Secured]] | |||
* [[Securitisation ]] | |||
* [[Securitise]] | |||
* [[Security]] | * [[Security]] | ||
* [[Security agent]] | |||
* [[Unsecured debt]] | * [[Unsecured debt]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
Latest revision as of 14:44, 8 March 2023
Debt backed by collateral in the form of real or financial 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.
