Definitions of "oversecured"
  1. Pertains to a financial claim where the debtor's property, used as collateral, exceeds the amount of debt owed
  2. Refers to a situation where the value of the property used as collateral surpasses the amount demanded
How to use "oversecured" in a sentence
  1. The creditor became oversecured when the value of the real estate used as collateral skyrocketed.
  2. With rising prices in the property market, her debt was suddenly oversecured.
  3. In bankruptcy scenarios, being oversecured is beneficial to the lender.

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