• Is a credit instrument which has priority of claim against a specific asset or portfolio of assets. This compares to Unsecured Debt.
| ||Embedded terms in definition|
| ||Referenced Terms|
| ||Blanket inventory lien: A Secured loan that gives the lender a lien against all the borrower's inventories.|
| ||Bridge loan: Is a type of temporary financing which is extended until permanent financing is Secured. At that time, funds from the new permanent financing are used to pay off the bridge loan. Sometimes, investment banks have arranged, if not granted, bridge loans in order to participate in a syndicate mandated to raise long-term or permanent financing.|
| ||C&i: Commercial and Industrial loans are also known as C&I loans. They are issued to mining, manufacturing, trade, transport, construction, and services firms. They may be Secured or unsecured. They may be made on the spot loan or as a loan commitment. They can involve revolving versus take-it-or-leave-it loans.|
| ||Collateral trust bond: A bond in which the issuer (often a holding company) grants investors a lien on stocks, notes, bonds, or other financial asset as security. Compare mortgage bond.Is a security issued by a corporation and is Secured by other securities. This bond compares to Mortgage Backed Securities which are secured by real property or unsecured bonds. Depending on the underlying collateral and the terms of the issue, these bonds can offer somewhat better financing rates to the issuer.|
| ||Commercial and industrial loans c&i loans: Loans made to mining, manufacturing, trade, transport, construction, and service firms. These can be Secured and unsecured, spot loan or a loan commitment, revolving or take-it-or-leave it type of loan.|
| ||Related Terms|
| ||Secured creditors|
Secured short term financing
Ways to Cope Financially During and After a Big Change: Here are suggestions for staying focused and avoiding costly decisions during changing times. More...
The game of life is to come up a winner, to be a success, or to achieve what we set out to do. Yet there is always the danger of failing as a human being. - Richard Milhouse Nixon