Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,900,748,818 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Secured Creditor

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

One who holds some special monetary assurance of payment of a debt owed to him or her, such as a mortgage, collateral, or lien.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Legal browser?   Full browser?
 
Accountants Baker Tilly were called in after a secured creditor of petitioned for the stricken firm to be put into administration three months ago.
The plan calls for giving secured creditors 100 percent ownership in a new, private company, that will be run by the current management team.
In addition, under the amended version, unsecured creditors, secured creditors and the administrator are all able to receive the legal protection process plan at about the same time, which is thought to avoid unnecessary time lags.
 
 
 
Legal Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.