### Question
What is the definition of secured loan?


### Answer
The definition of **secured loan** is as follows in *42 U.S.C. § 16371*:

> a direct loan to an obligor or a debt obligation issued by an obligor and purchased by the Secretary, in each case funded by the Secretary in connection with the financing of a project under section 16373 of this title

#### Citation:
  - *42 U.S.C. § 16371*
  - Heading: **CHAPTER 149-NATIONAL ENERGY POLICY AND PROGRAMS > SUBCHAPTER IX-RESEARCH AND DEVELOPMENT > Part J-Carbon Dioxide Transportation Infrastructure Finance and Innovation**

