SECURED LIABILITY Definition

Bookmark and Share

SECURED LIABILITY is a liability that has a degree of protection towards satisfaction if unpaid because the debtor has pledged personal/company assets towards satisfaction of that liability; e.g., a property mortgage is a secured liability because the mortgage holder has a guarantee through a lien on the property.

Learn new Accounting Terms

BVAL is Business Valuator Accredited for Litigation.

VAR is an acronym for Value-Added Reseller (usually of technology products) or, in finance, Value at Risk.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.