Secured debt: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Mend link.) |
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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. | The debt provider takes a legal charge or mortgage debenture against the asset pledged as security. | ||
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== See also == | == See also == | ||
* [[Charge]] | |||
* [[Collateral]] | * [[Collateral]] | ||
* [[Debenture]] | * [[Debenture]] | ||
* [[Debt]] | |||
* [[Financial asset]] | |||
* [[Mortgage]] | * [[Mortgage]] | ||
* [[Pledge]] | |||
* [[Real asset]] | |||
* [[Secured]] | * [[Secured]] | ||
* [[Securitisation ]] | * [[Securitisation ]] | ||
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.
