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

双语律师Matthew，国际知名法学院法律专业，擅长翻译各类与商业秘密起诉与调查相关的法律文件。