Leveraged Property

Definition

  • A property that is financed using mortgage debt.

Synonyms
mortgaged, financed property

Related Terms and Acronyms

  • Capital Definition,
    • Money that is used to make money; for example, to buy rental property or a business.
  • Collateral Definition,
    • Any property pledged as security for repayment of a debt.
  • Leverage Definition,
    • The use of a small amount of cash and a large loan to buy something.
  • Lien Definition,
    • A legal hold or claim of a creditor on the property of another.
  • Secured Debt Definition,
    • A debt that is secured by a lien on debtor's property that may be taken by the creditor in case of non-payment by the debtor. A common example is a mortgage loan.
  • Useful Life Definition,
    • The number of years depreciable business property is expected to be productive and in use.
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