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Secured Creditor |
Also found in: Financial, Wikipedia | 0.02 sec. |
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One who holds some special monetary assurance of payment of a debt owed to him or her, such as a mortgage, collateral, or lien. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The loan will repay all of Halekua's secured creditors on a community development project planned for a 161-acre residentially zoned piece of land overlooking Pearl Harbor, 30 minutes west of Honolulu. Involuntary bankruptcy: the debtor is forced into bankruptcy by secured creditors whose claims total at least $220,000. The company's secured creditors - two finance companies - were paid in full earlier this year. |
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