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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.

Secured Loan in a sentence
A mortgage is a type of secured loan because the property serves as collateral.

Secured Loan in German, French, Spanish and Italian

German
Besichertes Darlehen
also Sicherdarlehen

Häufig im Zusammenhang mit Hypotheken oder Fahrzeugfinanzierungen verwendet.

French
Prêt garanti

Le bien mis en garantie peut être saisi par la banque en cas de non-remboursement.

Spanish
Préstamo garantizado

El activo sirve como garantía para el prestamista.

Italian
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

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