secured loan

[ si-kyoord-lohn ]

/ sɪˈkyʊərd ˈloʊn /

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noun Finance.

a loan that is backed up by collateral pledged by the borrower, which the lender can sell to cover repayment of the loan if for any reason the borrower is unable to do so: A mortgage is the most common type of secured loan, in which the home or property backs up the loan.

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QUIZ YOURSELF ON "WAS" VS. "WERE"!

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Question 1 of 7

“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.

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Compare unsecured loan.

Origin of secured loan

First recorded in 1895–1900

Words nearby secured loan

secundine, secundines, secundipara, secundus, secure, secured loan, securement, secure server, secure tenancy, secure unit, securities

How to use secured loan in a sentence

The Senate Intelligence Committee report says they secured a contract with the CIA in 2006 valued “in excess of $180 million.”
The Luxury Homes That Torture and Your Tax Dollars Built|Michael Daly|December 12, 2014|DAILY BEAST
This loan has done nothing to deter the hardliners: just ask the current occupants of Evin prison.
Britain Has Lost Its Marbles: Elgin Loan Will Appease Putin|Geoffrey Robertson|December 5, 2014|DAILY BEAST
What were the terms of the loan—did the Hermitage pay and if not, why not?
Britain Has Lost Its Marbles: Elgin Loan Will Appease Putin|Geoffrey Robertson|December 5, 2014|DAILY BEAST
Jonathan Moore, who secured the $1.7 million settlement in the Stewart case, is representing them.
Before Eric Garner, There Was Michael Stewart: The Tragic Story of the Real-Life Radio Raheem|Marlow Stern|December 4, 2014|DAILY BEAST

He jokes about going through airport security with the then 800-year-old document, which is now on loan to the National Archives.
Patriotic Philanthropy: Not an Oxymoron|Eleanor Clift|November 27, 2014|DAILY BEAST
He has secured the release of certain Spanish prisoners, and is building two ships.
The Philippine Islands, 1493-1898, Volume XX, 1621-1624|Various
This is secured only by right objects of thought; it is impossible to reach it by voluntary mechanics.
Expressive Voice Culture|Jessie Eldridge Southwick
Of course, newly acquired Ferns will pay for extra attention in the way of watering until they have secured a proper roothold.
How to Know the Ferns|S. Leonard Bastin
Never had Punch secured the telling of that tale with so little opposition.
Kipling Stories and Poems Every Child Should Know, Book II|Rudyard Kipling
But, he finally secured the address of a company who would manufacture a book to exceed 300 pages for fifty cents per book.
The Homesteader|Oscar Micheaux