In a secured transaction, the person to whom the money is owed is secured party and the buyer is the debtor.

Name: In a secured transaction, the person to whom the money is owed is secured party and the buyer is the debtor.
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In a secured transaction, the person or entity to whom the money is owed is known as the secured party, while the buyer is referred to as the debtor. The secured party has a security interest in the property or assets of the debtor to secure the repayment of the debt.

In a Secured Transaction, the Person to Whom the Money