From the makers of 
Track & Manage All Of Your Investments
Try It Now!
Secured Loan |
newratings.com
Apr 13
Comment
LONDON (dpa-AFX) - Demand for secured lending for house purchases and the
availability of secured credit to households are set to increase in the second
quarter, the latest Credit Conditions Survey from the Bank of England showed
Wednesday....
StreetInsider.com
Sep 15
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Sears+Holdings+%28SHLD%29+Enters+%24400M+Secured+Loan+Agreement+with+ESL+Investments+Affiliates/9833493.html for the full story.
StreetInsider.com
Jul 7
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/North+American+Palladium+%28PAL%29+Reports+Reduced+Rate+on+Senior+Secured+Loan/9640453.html for the full story.
OilVoice
May 16
Comment
The Board of Gasol announces that it has agreed to invest in up to pound500000 of secured Loan Notes to be issued by PowerPerfector Group Limited quotPPquot. An initial investment of pound
DailyFinance
Mar 21
Comment
WINNIPEG, MANITOBA -- (Marketwired) -- 03/21/14 -- 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
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...
Suggest other news sources for this topic
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.
See Also
