There are multiple definitions - click on the translation that matches your context.
secured creditor means:
Grundpfandgläubiger means:
Substantiv
partial
noun
The term "secured creditor" is broader than Grundpfandgläubiger because the secured creditor's collateral can be either real or personal property and the Grundpfandgläubiger is instead secured only through a real property interest.
a creditor who has a lien on the property of the debtor
The only secured creditor was the bank, which had a charge over the company's assets.