Leveraged Property

Definition

• A property that is financed using mortgage debt.

Synonyms
financed property, mortgaged

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.