FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RDJ5gLF3diEDjeGSux0X4TJ
Label Undersecured Creditor
Preferred Label N/A
Identifier N/A
Alternative Labels
Inadequately Secured Creditor Insufficiently Secured Lender Partially Secured Creditor

Definition

An Undersecured Creditor is a lender whose collateral value securing a loan is less than the outstanding debt owed by the borrower. This situation often arises in bankruptcy contexts, affecting the creditor’s ability to fully recover the loan amount through collateral liquidation.

Class Relationships

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See Also

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Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

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Description

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Notes

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Editorial Information

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Editorial Note

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Deprecated

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Source and Origin

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