单词 | secured |
释义 | secured secured /; AmE / adjective
(Finance ; Law )
1 if a loan, debt, etc. is secured, the borrower agrees to give the lender particular property or goods if they do not pay the money back: They have obtained a $1.4 billion secured loan from their bankers. The new secured credit facility will be secured by almost all the company's assets.
secured credit/debt/lending/loans
2 used to describe a person, company, etc. that lends money to sb on the agreement that if the borrower does not pay back the money they will give the lender particular property or goods: In the case of bankruptcy, secured creditors must receive the equivalent of their secured claims.
secured creditors/lenders
OPP UNSECURED |
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