One who holds some special monetary assurance of payment of a debt owed to him or her, such as a mortgage, collateral, or lien.
| Law Encyclopedia: Secured Creditor |
One who holds some special monetary assurance of payment of a debt owed to him or her, such as a mortgage, collateral, or lien.
| 5min Related Video: Secured Creditor |
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![]() | Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved. Read more |
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