secured creditor

A creditor who has the right, on the debtor’s default, to proceed against collateral and apply it to the payment of the debt. UCC § 9-102(a)(72).

— Also termed secured party.

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词条贡献者

资深译员Lorna，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与房地产投资信托有关的法律文件。