Secured: Canada Debt .ca defines Secured

Bankruptcy Term Secured

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Canada Debt has the definition to the bankruptcy and debt term Secured. Finding answers to terms such as Secured can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Secured in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Secured' is used as follows:

The status a creditor has when he has security or a right in some property that he can sell or realize on.