secured loan

noun

Definitions

  1. A loan in which the borrower pledges some asset as collateral for the loan, which then…

    A loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who issues the loan.

The neighborhood

Vish — recursive loop

No curated loop yet for secured loan. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA