What does Secured Loan mean?
A loan in which the borrower pledges an asset as collateral, providing the lender with security in case of default.
A mortgage is a type of secured loan because the property serves as collateral.
Secured Loan in German, French, Spanish and Italian
Besichertes Darlehen
also Sicherdarlehen
Häufig im Zusammenhang mit Hypotheken oder Fahrzeugfinanzierungen verwendet.
Prêt garanti
Le bien mis en garantie peut être saisi par la banque en cas de non-remboursement.
Préstamo garantizado
El activo sirve como garantía para el prestamista.
Prestito garantito
Il prestito è assistito da garanzie reali come l'ipoteca.
Common phrases with Secured Loan
- take out secured loan
- apply for secured loan
- default on secured loan
Synonyms and opposites for Secured Loan
- Synonym Collateralized Loan
- Opposite Unsecured Loan
