Financial Definition of Secured Debt
Meaning of Secured Debt
Debt that, in the event of default, has first claim on specified assets.
Related Entries of Secured Debt in the Encyclopedia of Law Project
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Secured Debt in Historical Law
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Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Secured Debt in the Legal Abbreviations and Acronyms Dictionary.
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What is Secured Debt?
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Meaning of Secured Debt in the U.S. Legal System
Definition of Secured Debt published by the National Association for Court Management: In bankruptcy proceedings, a debt is secured if the debtor gave the creditor a right to repossess the property or goods used as collateral.
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