secured liability
Defined in Article 2, Directive (EU) 2025/1 (IRRD)
Definitions over time (1)
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For the purposes of this Directive, the following definitions apply:
‘secured liability’ means a liability where the right of the creditor to payment or other form of performance is secured by a charge, pledge or lien, or collateral arrangements including liabilities arising from repurchase transactions and other title transfer collateral arrangements;