Secured Transaction

Learn about the definition for this legal term.

What is Secured Transaction?

Any transaction that is intended to create a security interest in personal property or fixtures, including goods, documents and other intangibles.

Further Reading

For more detailed information, see our related Security Transactions And Mortgages terms:

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now