Meaning & use
secured
Last updated
made safe or protected, obtained after effort, or, of a loan, backed by collateral.
See it in a sentence
She secured the last two tickets to the sold-out concert.
The bank offered a lower interest rate on the secured loan since it was backed by the house.
A note on using this word
In finance, a 'secured' loan or debt is distinct from an 'unsecured' one because it is backed by specific collateral the lender can claim if the borrower defaults.
Words with a similar meaning
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
Words with an opposite meaning
lostreleased
Another way to use it
2. adjective
of a loan or debt, backed by collateral that can be claimed if the borrower fails to repay.
The car was used as collateral for the secured loan.
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