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Secured Loan |
DailyFinance
Feb 11
Comment
WINNIPEG, MANITOBA -- (Marketwired) -- 02/10/14 -- Miraculins Inc. (TSX VENTURE: MOM) ("Miraculins" or the "Company"), a medical diagnostic company focused on acquiring, developing and commercializing diagnostic and risk assessment technologies...
DailyFinance
Jan 10
Comment
WINNIPEG, MANITOBA -- (Marketwired) -- 01/10/14 -- Miraculins Inc. (TSX VENTURE:MOM) ("Miraculins" or the "Company"), a medical diagnostic company focused on acquiring, developing and commercializing diagnostic and risk assessment technologies for...
DailyFinance
Dec 23
Comment
WINNIPEG, MANITOBA -- (Marketwired) -- 12/23/13 -- Miraculins Inc. (TSX VENTURE: MOM), ("Miraculins" or the "Company") a medical diagnostic company focused on acquiring, developing and commercializing diagnostic and risk assessment technologies...
StreetInsider.com
Sep 24
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Ocwen+Financial+%28OCN%29+Repurchases+Preferred+from+W.L.+Ross%3B+Amends+Secured+Loan+Agreement/8714268.html for the full story.
The Globe and Mail
Sep 10
Comment
Wealthy investors have been starting to shift from high-yield bonds to senior loans over the past year. Should you?
StreetInsider.com
Oct 16
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/InterOil+%28IOC%29+Signs+Deal+for+%24100+Million+Secured+Loan+Facility/7795356.html for the full story.
The Globe and Mail
Sep 27
Comment
Sick of poor yields from bonds? So-called senior loans can offer income investors protection against future rising interest rates
StreetInsider.com
Jun 22
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Rosetta+Genomics+%28ROSG%29+Pays+Off+Secured+Loan%2C+Reclaims+Unencumbered+Rights+to+Assets/7535772.html for the full story.
StreetInsider.com
Feb 13
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/BG+Medicine+%28BGMD%29+Enters+%2415M+Secured+Loan+Facility/7163651.html for the full story.
StreetInsider.com
Oct 26
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/DryShips+%28DRYS%29+Enters+%24141M+Secured+Loan+Facility/6884094.html for the full story.
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more ▼WIKI ANALYSIS
WIKI ANALYSIS| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
TOP CONTRIBUTORS
A Secured Loan is a loan in which the borrower must offer some form of collateral (e.g. real estate, personal property, investment securities) to be forfeited should he default on the loan. This provides the lender with a layer of security diminishing the risk involved in offering the loan.
It should be noted that the lender's measure of safety is tied directly to the volatility of the collateral's value.
Examples
- A woman takes out a mortgage to pay for her home. As collateral, she offers the home itself. Should she default on the paydayloans, the lender (typically a bank) would take possession of the home. The bank may then sell the property to recoup its losses.
- A man needs a cash loan to pay for several large, immediate expenses. As collateral, he offers the lender his car. Should he default on the loan the lender would take possession of the car, which he or she may sell to recoup losses.
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