Secured
1. Credit risk management - collateral.
In relation to lending and borrowing, supported by assets pledged by a borrower, as additional protection for the lender's interest.
For example a residential mortgage loan, for which the security is the residential property mortgaged to the lender.
2. Credit risk management - effective collateralisation.
In relation to lending and borrowing, supported in other ways by related assets, to protect the lender.
For example, in a sale and repurchase agreement (repo).
3. Credit risk management - other credit enhancement.
More generally, in relation to all forms of credit, supported by one or more credit enhancement structures for the the benefit of the lender.
4. Safety - confidentiality - controls - systems - procedures.
Acceptably low risk in relation to physical safety and confidentiality, especially following a process of improvement and enhancement to systems, procedures and related controls.
See also
- Bells and whistles
- Bond
- Charge
- Collateral
- Committed
- Controls
- Credit enhancement
- Debt security
- Fixed charge
- Floating charge
- Liquidity
- Mortgage
- Negative pledge
- Repurchase agreement
- Safekeeping
- Secured creditor
- Secured debt
- Secured Overnight Financing Rate (SOFR)
- Securitisation
- Securitise
- Security
- Uncommitted
- Unsecured
- Unsecured debt