A creditor that has a specific asset pledged as collateral are called

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Secured creditors are those who have a specific asset pledged as collateral, which they can seize or sell in case the debtor fails to pay the debt. This provides them with greater protection against default compared to unsecured creditors who do not have any collateral to seize or sell. General creditors are those who have a claim against the debtor's assets but do not have any collateral to secure their claim. Shareholders are owners of a company and are not considered creditors.

A Creditor That Has a Specific Asset Pledged as Collateral