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Secured Loan
CHF 43.35
Auf Lager
SKU
5UE31C9OQEP
1 Verfügbar 
Geliefert zwischen Do., 27.11.2025 und Fr., 28.11.2025
Details
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 lent 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. The opposite of secured debt/loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may only satisfy the debt against the borrower rather than the borrower's collateral and the borrower.
Weitere Informationen
- Allgemeine Informationen
- GTIN 09786137913338
- Auflage Aufl.
- Editor Ozzy R. Parthalan
- Größe H220mm x B220mm
- EAN 9786137913338
- Titel Secured Loan
- Untertitel Collateral (Finance), Loan
- Herausgeber Betascript Publishing
- Anzahl Seiten 80
- Genre Wirtschaft
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