Secured loan
A secured loan, is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to regain some or all of the amount originally loaned to the borrower, for example, foreclosure of a home. From the creditor's perspective this is a category of debt in which a lender has been granted a portion of the bundle of rights to specified property. If the sale of the collateral does not raise enough money to pay off the debt, the creditor can often obtain a deficiency judgment against the borrower for the remaining amount.
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Secured loan
A secured loan, is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to regain some or all of the amount originally loaned to the borrower, for example, foreclosure of a home. From the creditor's perspective this is a category of debt in which a lender has been granted a portion of the bundle of rights to specified property. If the sale of the collateral does not raise enough money to pay off the debt, the creditor can often obtain a deficiency judgment against the borrower for the remaining amount.
has abstract
A secured loan, is a loan in w ...... monly known as 'secured debt'.
@en
El crédito prendario (del latí ...... su Ley de Contrato de Seguro.
@es
Une garantie de prêt immobilie ...... lusieurs choix sont possibles.
@fr
قرض بضمان إضافي في الاقتصاد (ب ...... ائدة المتعاقد عليها مع المدين.
@ar
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Wikipage page ID
Wikipage revision ID
733,429,220
hypernym
type
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A secured loan, is a loan in w ...... ower for the remaining amount.
@en
El crédito prendario (del latí ...... tisfacer el pago del préstamo.
@es
Une garantie de prêt immobilie ...... es fonds qu'elles ont avancés.
@fr
قرض بضمان إضافي في الاقتصاد (ب ...... صرف) حق في العقار بموجب العقد.
@ar
label
Crédito pignoraticio
@es
Garantie de prêt immobilier
@fr
Secured loan
@en
قرض بضمان إضافي
@ar