secured creditors
secured creditors
one of two general types of creditors of a company. Secured creditors have a lien on property of the company (Glossary of Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • secured creditor — ➔ creditor * * * secured creditor UK US noun [C] FINANCE ► an organization that has lent money under an agreement that they can take particular assets from the borrower if the money is not paid back: » The plan is designed to satisfy its secured… …   Financial and business terms

  • Secured Creditor — Any creditor or lender that takes collateral for the extension of credit, loan or bond issuance. In the arena of personal finance, the most well known secured creditors are mortgage lenders whose loans are secured either by a first or second lien …   Investment dictionary

  • Creditors' Committee — A group of people who represent a company s creditors in a bankruptcy proceeding. The creditors committee is usually further divided between secured and unsecured creditors. The secured creditors committee consists of lenders that have a first… …   Investment dictionary

  • Secured creditor — A secured creditor is a creditor which has the benefit of a security interest over some or all of the assets of the debtor.In the event of the bankruptcy of the debtor, the secured creditor can enforce their security against the assets of the… …   Wikipedia

  • Secured transactions in the United States — are an important part of the law and economy of the country. By allowing lenders to take a security interest in a debtor s asset as collateral, secured transactions provide lenders with greater confidence that they will be repaid. This increased… …   Wikipedia

  • secured creditor — see creditor Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. secured creditor …   Law dictionary

  • secured claim — A loan or debt for which some form of property has been pledged or mortgaged (SA Bankruptcy.com) Where a claim is secured by a lien, the code limits that secured claim to the value of the property less any higher priority liens. Since the… …   Glossary of Bankruptcy

  • 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

  • creditors whose claims are secured by pledge and (or) mortgage — įkeitimu ir (arba) hipoteka užtikrinti kreditoriaus reikalavimai statusas Aprobuotas sritis įmonių restruktūrizavimas ir bankrotas apibrėžtis Įmonės kreditoriaus (įkaito turėtojo, hipotekos kreditoriaus) reikalavimai, kurių įvykdymas užtikrintas… …   Lithuanian dictionary (lietuvių žodynas)

  • Companies' Creditors Arrangement Act — Citation RSC 1985, c. C 36[1] Enacted by Parliament of Canada …   Wikipedia

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