Secured debt

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.

See also

• Charge
• Collateral
• Debenture
• Debt
• Financial asset
• Mortgage
• Pledge
• Real asset
• Secured
• Securitisation
• Securitise
• Security
• Security agent
• Unsecured debt