Secured debt: Difference between revisions
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* [[Collateral]] | * [[Collateral]] | ||
* [[Debenture]] | * [[Debenture]] | ||
* [[Mortgage]] | |||
* [[Secured]] | * [[Secured]] | ||
* [[Securitisation ]] | * [[Securitisation ]] | ||
Revision as of 20:00, 28 July 2022
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.
