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What is another word for secured debt?

Pronunciation: [sɪkjˈʊ͡əd dˈɛt] (IPA)

"Secured debt" refers to a financial liability that is backed by collateral, guaranteeing the lender some form of repayment in case of default. Several synonyms can be used interchangeably with this term. One option is "collateralized debt", which highlights the presence of an asset pledged as security. Similarly, "backed debt" emphasizes the support or assurance provided by the collateral. Another alternative is "guaranteed debt", which emphasizes the guarantee or promise associated with the collateral. Additionally, the term "asset-based debt" emphasizes the tie to a specific asset, while "mortgaged debt" indicates a debt secured by a property or real estate. Overall, these synonyms are useful in providing a variety of expressions to convey the concept of "secured debt."
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What are the opposite words for secured debt?

Secured debt is a type of debt that is backed by collateral, which means that if the borrower defaults on the loan, the lender can seize the collateral in order to recover the amount owed. The antonym of secured debt is unsecured debt, which is a type of debt that is not backed by collateral. When a borrower takes out an unsecured loan, they are not required to put up any assets as collateral, but the interest rates on unsecured loans are typically higher than those on secured loans. Other antonyms for secured debt might include revolving credit, credit card debt, or personal loans, which are all types of unsecured debt.

What are the antonyms for Secured debt?

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