Second Lien Loan Stocks List
Related Industries: Asset Management REIT - Diversified
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REIT - Diversified
- Second Lien Loan
A second lien loan is a loan that is secured by a second lien on the borrower's property. This type of loan is typically used to finance a large purchase or to consolidate debt. The second lien loan is subordinate to the first lien loan, meaning that if the borrower defaults on the loan, the lender of the first lien loan will be paid first.
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