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A type of loan that includes property, improvements, and movable equipment and/or appliances as security.

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False

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Final answer:

A secured loan includes property, improvements, and movable equipment and/or appliances as security.

Step-by-step explanation:

A type of loan that includes property, improvements, and movable equipment and/or appliances as security is called a secured loan. In this type of loan, the borrower provides collateral such as a property or valuable assets to secure the loan. If the borrower fails to repay the loan, the lender can seize the collateral to recover their money.

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