The circuit of a bishop's Jurisdiction ; or his office or dignity, as being bishop-of a given diocese. … [Read more...] about SEE
SECURED
A loan where a security is pledged of equal or greater value than the amount of the loan. … [Read more...] about SECURED
SECURE
1. To protect, insure, or save a right. 2. The constitution of the United States, art. 1, s. 8, gives power to congress to promote the progress of science and the useful arts by securing, for limited times, to authors and inventors the exclusive right to their respective writings and discoveries. The inventor of a machine has the right to it exclusively at common law, and the … [Read more...] about SECURE
SECURED TRANSACTION
A transaction where property is pledged as collateral for a loan or purchase. … [Read more...] about SECURED TRANSACTION
SECURED DEBT
A debt on which a creditor has a security or a lien. The creditor can foreclose or repossess the property or security that is identified by the lien which is called collateral and may be used to satisfy the debt if the debtor defaults. … [Read more...] about SECURED DEBT