An institution that holds a lien on a person's personal property until the investment is paid off.
Related information about secured creditor:
- Secured creditor - Wikipedia, the free encyclopedia
A secured creditor is a creditor with the benefit of a security interest over some or all of the assets of the debtor. In the event of the bankruptcy of the debtor, the ...
- Secured Creditor Definition | Investopedia
Any creditor or lender that takes collateral for the extension of credit, loan or bond issuance. In the arena of personal finance, the most well-known secured ...
- Bankruptcy Basics: What Is A Secured Creditor?
A secured creditor is a creditor who claims a security interest in property. Property can be real or personal. Real property is land and anything attached to it (like ...
- What is secured creditor? definition and meaning
Definition of secured creditor: Lender who holds legally enforceable claim on a borrower's asset(s) of a liquidation value equal to or greater than the loan ...
- REPORT TO THE CONGRESS ON SECURED CREDITOR HAIRCUTS
Contents of the Financial Stability Oversight Council Secured Creditor Haircuts Study. I. Introduction ... B. Assessing the Impact of Secured Creditor Haircuts .
- Secured Creditor - Financial Dictionary - The Free Dictionary
One who is owed a collateralized debt. A secured creditor has a lien or collateral on the debt, depending on the nature of the goods. In the event of bankruptcy in ...
- Secured Creditor - Legal Dictionary - The Free Dictionary
One who holds some special monetary assurance of payment of a debt owed to him or her, such as a mortgage, collateral, or lien. Want to thank TFD for its ...
- What Is a Secured Creditor?
The secured creditor can come in many forms. A lot of lenders prefer to lend in this manner since it helps to better ensure repayment of loan amounts due the ...