dívida garantida

substantivo

full

secured debt

noun

Definitions of secured debt

where the creditor has the right to specific property if the debtor is unable to pay the debt. A common example is a mortgage agreement under which the mortgage company may sell the mortgagee's house if the mortgagee is unable to keep up the mortgage payments.

Northern Lytham Healthcare owes $34.3 million in secured debt to Barker Rose.