A creditor who hold security over a debtor's property eg: a mortgageâ€¢ Debts - for Creditorsâ€¢ Debts - for Debtors
A creditor holding a lien (secured claim) on property.
A person or organisation which has lent funds on the security of specific assets of the debtor. In the event that the debtor defaults on its obligation the secured creditor may be entitled to have the assets in question sold to recover the debt. (Opposite of Unsecured Creditor).