secured loan

noun

A loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who issues the loan.

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Meanings

nounsecured loan (plural secured loans)

plural secured loans

  1. businessA loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who issues the loan.
Cite this entry
APA

secured loan. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/secured%20loan

MLA

“secured loan.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/secured%20loan. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “secured loan,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/secured%20loan.

Source: secured loan on Wiktionary, CC BY-SA 4.0.