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Exact(14)
One method, used by Yerkes to raise £7 million, was "profit-sharing secured notes", a form of bond which was secured against the value of shares.
At the bond's launch, its promoters said investors would "enjoy a level of security not previously associated with this type of bond", as the income was secured against "the solar projects, their income flow and the company's cash reserves.
Instead, Chappell injected £5m into BHS through a loan that was secured against the retailer's warehouse in the Midlands.
Krueger's 66-minute victory, interrupted by a rain delay, was secured against a hard-serving foe whose ground strokes deserted him.
We then took out a bank loan which was secured against my house – that's a massive undertaking, not something you do lightly.
For Strachan, the partying lasted no more than a day after the title was secured against Dundee United at Tannadice on the final day of last season.
Similar(46)
Most of the debt is secured against mortgages.
"Bank of England lending is secured against assets held by Northern Rock.
If the debt is secured against assets, then the borrower may be forced to sell.
A loan had been secured against fraudulently overvalued property, leading to losses of at least $27m.
But when the debt is secured against an asset, lenders and borrowers can both lose.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com