What is the meaning of secured&unsecured debt?

Answer There is one major difference between secured and unsecured debt: Secured debt, such as a mortgage or automobile loan, requires collateral that can be seized if you default on the loan. Unsecured d... Read More »

Top Q&A For: What is the meaning of secured&unsecured debt

What is the meaning of debt?

If you have an unpaid automobile loan or a mortgage, chances are you are familiar with the concept of debt. Debt occurs when you owe money to a bank, credit union or other entity who has extended c... Read More »

What is the meaning of subordinated debt?

A subordinated debt is a debt that ranks below other claims on the assets of a business. This means that if a company defaults on its debt, the subordinated debt will be paid off only after higher-... Read More »

What Is the Meaning of External Debt?

External debt is the money owed by a nation to creditors outside its borders. This differs from internal debt, which is owed to creditors within the country. Developing an export economy and using ... Read More »

The Meaning of Debt-to-Equity?

One of the fundamentals behind a business is its ability to pay back money borrowed for operating costs. A business that can leverage its borrowing power to increase production and therefore incre... Read More »