Glossary
Welcome to SFNet's Secured Finance Glossary of industry terms. Currently the SFNet Glossary has over 400 industry terms and definitions. You can search specific terms in the search tool above, or use the alpha tool below and progress on the paginations.
Mezzanine Debt 
Mezzanine debt could be secured or unsecured. It is typically in the form of either debt or preferred equity which is senior to common shares and if secured, is also senior to unsecured creditors. It could be used to for additional working capital or to bridge specific needs such as a shortfall in a leveraged transaction (acquisition).
Mortgage
A mortgage is a legal agreement by which a lender lends money against a debtor's property.