What is the meaning of Secured?

Secured is a credit instrument which has priority of claim against a specific asset or portfolio of assets. This compares to Unsecured Debt.

Barry Goldsmith
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APABarry Goldsmith. (2010). secured. Retrieved September 20, 2026, from http://smartdefine.org/secured/definitions/1163089
ChicagoBarry Goldsmith. 2010. "secured" http://smartdefine.org/secured/definitions/1163089 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, secured, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/secured/definitions/1163089>.
MLABarry Goldsmith. "secured" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/secured/definitions/1163089>
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