- secured credit secured credit ➔ credit1
* * *secured credit UK US noun [U] (also secured loan [C])► FINANCE loans involving an agreement for the lender to take particular assets from the borrower if they cannot pay the money back: »
The company managed to keep in business by obtaining $250,000 in secured credit from its parent company.
Financial and business terms. 2012.
Look at other dictionaries:
secured credit — See secured transaction … Black's law dictionary
Credit One Bank — Type Private Industry Financial Services Founded San Rafael, California (1984) Headquarters 585 Pilot Road, Las Vegas, Nevada, U.S. … Wikipedia
secured loan — ➔ loan1 * * * secured loan UK US noun [C] ► FINANCE SECURED CREDIT(Cf. ↑secured credit) … Financial and business terms
Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… … Financial and business terms
Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… … Financial and business terms
secured — protected or guaranteed as in the case of a loan where the lender holds the title of some asset until the borrower has repaid the loan in full. Glossary of Business Terms * * * secured se‧cured [sɪˈkjʊəd ǁ ˈkjʊrd] adjective FINANCE 1. a secured… … Financial and business terms
credit bid — USA credit bid, Also known as credit bidding. The right of a secured creditor under the Bankruptcy Code to use its secured claim against a debtor as currency in an auction of its collateral in a debtor s Section 363 sale (§ 363(k) … Law dictionary
credit bidding — USA credit bid, Also known as credit bidding. The right of a secured creditor under the Bankruptcy Code to use its secured claim against a debtor as currency in an auction of its collateral in a debtor s Section 363 sale (§ 36 … Law dictionary
Credit union history — Credit unions are community based banks organized according to cooperative principles. In the early stages of development of a nation s financial system, unserved and underserved populations must rely on risky and expensive informal financial… … Wikipedia