### Question
Can you define what secured loan means?


### Answer
**Secured loan** is defined as the following in *49 U.S.C. § 41762*:

> a direct loan funded by the Secretary in connection with the financing of an aircraft purchase under section 41763(b)

#### Citation:
  - *49 U.S.C. § 41762*
  - Heading: **SUBTITLE VII-AVIATION PROGRAMS > PART A-AIR COMMERCE AND SAFETY > subpart ii-economic regulation > CHAPTER 417-OPERATIONS OF CARRIERS > SUBCHAPTER III-REGIONAL AIR SERVICE INCENTIVE PROGRAM**

