Secured Financing
/ˈsɪkjʊərd ˈfaɪnænsɪŋ/
Definitions
- (n.) A method of funding or lending where the loan is backed by collateral to secure repayment.
The company obtained secured financing by pledging its inventory as collateral.
Forms
- secured financing
Related terms
See also
Commentary
Secured financing often involves specific documentation creating a security interest in collateral, which is critical for enforcement and priority in insolvency.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.