Define: Secured Loan

UK Accounting Glossary

Definition: Secured Loan


Quick Summary of Secured Loan


Loan where the lender has taken a special claim on particular assets or revenues of the company.



What is the dictionary definition of Secured Loan?

Dictionary Definition



Full Definition of Secured Loan




Examples of Secured Loan in a sentence


If you miss your payments on a secured loan your home can be repossessed.
If you do not pay a secured loan, the creditor may take away whatever assets were used to secure the loan.


Secured Loan FAQ's



Cite Term


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Page URL
https://payrollheaven.com/define/secured-loan/
Modern Language Association (MLA):
Secured Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 18, 2019 https://payrollheaven.com/define/secured-loan/.
Chicago Manual of Style (CMS):
Secured Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/secured-loan/ (accessed: July 18, 2019).
American Psychological Association (APA):
Secured Loan. PayrollHeaven.com. Retrieved July 18, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/secured-loan/

Definition Sources


Definitions for Secured Loan are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.