Secured debt
Definition:
Debt that has first claim on specified assets in the event of default. ...
Secured debt is any type of indebtedness where the outstanding balance is covered by some item of value.
Secured Debt
Debt backed or secured by collateral to reduce the risk associated with lending. An example would be a mortgage, your house is considered collateral towards the debt.
Secured debt
Debt backed by specific assets or revenues of the borrower. In the event of default, secured lenders can force the sale of such assets to meet their claims.
Senior securities ...
Secured debt
Debt that has first claim on specified assets in the event of default.
(unsecured debt)
Commercial paper - maximum maturity of 270 days.
Short-term debt instrument issued by well-established corporations.
An unsecured debt issue with an interest rate that is reset at specified intervals (usually every six months) according to a predetermined formula. Floating-rate notes usually can be redeemed at face value on certain dates at the holder's option.
Note Unsecured debt with a maturity of up to 10 years at the time of issue.
NPVGO Net Present Value of Growth Opportunities. A firm valuation model where NPV of investment opportunities is explicitly examined.
Note Unsecured debt (promise to pay) that usually has a maturity of less than 15 years.
ETNs are unsecured debt designed to mimic the price fluctuation of a particular commodity or commodity index, and are backed by the issuer - you have credit risk associated with the issuer!
Mutual Funds and Index Funds ...
A covered bond is a secured debt instrument. It's issued by a bank and backed by assets held on the issuer's balance sheet in a segregated cover pool. Those assets are usually residential assets but may be public sector loans.
debenture This is a form of unsecured debt. It is backed by the integrity of the borrower,... debenture stock This form of stock is issued under a contract which specifies payment amounts...
Commercial Paper Is an unsecured debt issued by corporations to finance its short-term needs. Maturity ranges from 2 to 270 days. Commodity A general futures market, without reference to any particular delivery month.
25% secured debt. Also, Salomon contributes 0.25% each year under the terms of the purchase contract.
A mortgage, which is a form of secured debt, presents a good example. Let's say you purchased a home by taking out a mortgage.
Commercial paper (CP) is a short-term unsecured debt instrument normally issued at a discount and redeemed at nominal value. It is a flexible way of obtaining short-term funding on the capital markets.
As mentioned earlier, ETNs are unsecured debt issued by Barclays. As such, the investor assumes the credit risk associated with Barclays, just like an unsecured bond. This means the return on exchange traded notes is based upon two factors: ...
An issue that ranks after secured debt, debenture, and other bonds, and after some general creditors in its claim on assets and earnings.
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Categories ...
Subordinated debenture bond
An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: Debenture bond, mortgage bond, collateral trust bonds.
Lien
A security interest in one or more assets that lenders hold in exchange for secured debt financing.
Life annuity
An annuity that pays a fixed amount for the lifetime of the annuitant.
See: Appreciation; Capital Stock; Classified Stock; Preferred Stock; Unsecured Debt; Voting Right ...
The convertible bond is usually a juvenile debenture (unsecured debt, backed by the integrity of the borrower and not by collateral and is recorded and documented by an agreement called a debenture. An unsecured bond is one example of a debenture.
A long-term debt instrument issued by corporations or governments that is backed only by the integrity of the borrower, not by collateral. A debenture is unsecured and subordinate to secured debt.
Account, Undersubscription, Undervalued Shares, Underwriter, Unissued Share Capital, Unit Trust of India or UTI, Unlisted Share, Unlisted Shares, Valuation of, Unloading, Unmatched Transactions, Unofficial Premium, Unsystematic Risk, Unsecured Debt, ...
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Kinross Completes US$1 Billion Unsecured Debt Offering ...
This is valid if the lending institution agrees that the value of the asset is sufficient to guarantee the amount of the loan. Loans, granted by means of collateral, become secured debt.
 See also: Debt, Interest, Market, Investment, Stock
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