PET - Plain English Taxonomy

Name: LoanSecurityDimension
Label: Loan Security Dimension
TREF ID: DM377
Type: Predefined
Description:
The characteristic of whether or not assets have been pledged to secure the repayment of funds under a credit or other lending activity in the case of default by the borrower.
Usage:

Dimension Members
Name Label TREF ID Description
NotSecured Not Secured DV4757
Assets have not been pledged to satisfy the repayment of a debt in the case of default by the borrower.
NotSecuredEligibleResMortgage Not Secured Eligible Res Mortgage DV3940
The repayment of funds advanced have not been secured through an eligible residential mortgage to satisfy the debt in the case of default by the borrower.An eligible residential mortgage is determined in accordance with relevant prudential standards.
NotSecuredResMortgage Not Secured by a Residential Mortgage DV4391
The repayment of funds advanced have not been secured through a residential mortgage to satisfy the debt in the case of default by the borrower.
Secured Secured DV4758
The repayment of funds advanced have been secured through the pledging of assets to satisfy the debt in the case of default by the borrower.
SecuredAustralianEquitiesDirectlyHeld Secured Australian Equities Directly Held DV8680
The funds advanced have been secured through directly held shares that are quoted on Australian securities exchanges to satisfy the debt in the case of default by the borrower.
SecuredBonds Secured Bonds DV8679
The funds advanced have been secured through bonds to satisfy the debt in the case of default by the borrower. A bond is a medium to long-term investment issued by governments and companies which pays a regular, fixed interest amount for the term of the investment.
SecuredEligibleResMortgage Secured Eligible Res Mortgage DV4756
The repayment of funds advanced have been secured through an eligible residential mortgage to satisfy the debt in the case of default by the borrower.An eligible residential mortgage is determined in accordance with relevant prudential standards.
SecuredEquitiesListed Secured Equities Listed DV8676
The funds advanced have been secured through equity securities that are quoted on Australian or international securities exchanges to satisfy the debt in the case of default by the borrower.
SecuredEquitiesNotRecognisedExchange Secured Equities Not Recognised Exchange DV3931
The repayment of funds advanced have been secured through equity securities that are not listed on a recognised exchange to satisfy the debt in the case of default by the borrower.
SecuredEquitiesRecognisedExchange Secured Equities Recognised Exchange DV3932
The repayment of funds advanced have been secured through equity securities listed on a recognised exchange to satisfy the debt in the case of default by the borrower.
SecuredHybridSecurities Secured Hybrid Securities DV8681
The funds advanced have been secured through hybrid securities to satisfy the debt in the case of default by the borrower. Hybrid securities are securities that combine elements of debt securities and equity securities.
SecuredLifePolicy Secured Life Policy DV4760
The repayment of funds advanced have been secured through the pledging of the surrender value of life policies to satisfy the debt in the case of default by the borrower.
SecuredManagedFunds Secured Managed Funds DV8677
The funds advanced have been secured through units in managed funds to satisfy the debt in the case of default by the borrower. A managed fund is an investment fund where the money of investors is pooled and used to buy assets.
SecuredOverseasEquitiesDirectlyHeld Secured Overseas Equities Directly Held DV8678
The funds advanced have been secured through directly held shares that are quoted on stock exchanges other than an Australian stock exchange to satisfy the debt in the case of default by the borrower.
SecuredResidentialProperty Secured Residential Property DV4759
The funds advanced have been secured by residential property to satisfy the debt in the case of default by the borrower.