The Benefits and Costs of Secured Debt
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https://www.nber.org/papers/w32353
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资源简介：
Secured debta debt contract that offers security to creditors in the form of collateralized assetshas been a cornerstone of credit markets in most societies since antiquity. The ability to seize and sell collateral reduces the creditors expected losses when the debtor defaults on a promised payment.
提供机构：
美国国家经济研究局
创建时间：
2024-04-01
