Legal Dictionary
Legal Terms Made Easy to Understand
Select legal terms
What is a Secured Creditor?
A creditor with collateral; a person owed money who has the right to take and sell specific property of the debtor if the debt is not paid.
See Also: Security (Collateral), Unsecured Creditor, Usury
Related Articles
![How Do Convertible Notes Work?]()
How Do Convertible Notes Work?
A convertible note, or convertible bond, is a type of short-term financial instrument that new companies use to raise early-stage capital.
July 31, 2019![SAFE v. Convertible Notes]()
SAFEs vs. Convertible Notes: Which is Best for my Business?
Here are the key differences between convertible notes and SAFEs that should be considered by business owners looking to raise capital.
July 29, 2019
See how we’ve reimagined the legal experience
