secured loan
secured loan · secured loans
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.
Meaning
1 sensesA 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.
Forms
plural: secured loans| Singular | secured loan |
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| Plural | secured loans |
regular