HomeDefinitionsCompareDebt Secured debtThe financial definition for Secured debt:Debt that has first claim on specified assets in the event of default. Similar MatchesSecured bondSecured bondA bond backed by the pledge of collateral, a mortgage, or other lien, as opposed to an unsecured bond, called a debenture . Unsecured debtUnsecured debtDebt that does not identify specific assets that the debtholder is entitled to in case of default. Writing cash secured putsWriting cash secured putsAn option strategy to avoid using a margin account. Instead of depositing margin with a broker, a put writer can deposit a cash balance equal to the option exercise price, and can avoid additional margin calls. Click to compare definitions of Secured debt Click to view definitions beginning se |