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With 'Secured Debt', Specific Assets Are Pledged as Collateral That

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With 'secured debt', specific assets are pledged as collateral that bondholders have a direct claim to in the event of bankruptcy.


Definitions:

Intercostal Space

The physical gap between two adjacent ribs, which contains muscles, nerves, and blood vessels.

Diastolic Murmur

A heart sound heard during the diastole phase of the cardiac cycle, potentially indicating heart valve issues or other abnormalities.

Hypertension

A chronic medical condition where the blood pressure in the arteries is persistently elevated, often leading to significant health risks if untreated.

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