<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R8qB45AsGZrsWZ5LARtrahR">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RfuC0yNDKhOWj8FHvjuYyg"/>
  <rdfs:label>Secured Credit Arrangement</rdfs:label>
  <skos:altLabel>Collateral Backed Credit</skos:altLabel>
  <skos:altLabel>Collateralized Credit Arrangement</skos:altLabel>
  <skos:altLabel>Secured Financing Arrangement</skos:altLabel>
  <skos:altLabel>Specialty Finance</skos:altLabel>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/R91z2YCaO3NPH7AupNVyfgd"/>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/RCJWm2dFjUplXz5eRhdcD2k"/>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/RDRM7rFMjRTVI3Dc4ZPYUxU"/>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/RZBGdq2Y9YEuAvMqpgUbGy"/>
  <skos:prefLabel>Secured Loan</skos:prefLabel>
  <skos:definition>A Secured Credit Arrangement is a financial agreement where the borrower pledges assets as collateral to secure a loan. This collateral reduces the lender's risk, as they have a claim on the asset if the borrower defaults, potentially resulting in lower interest rates and more favorable loan terms for the borrower.</skos:definition>
</owl:Class>
