unsecured

Definition
Backed not by collateral but only by the integrity of the borrower. opposite of secured.




unsecured is ...
... part of the
Lending & Credit subject.


Related Terms

commercial paper -  More
debenture -  More
line of credit -  More
subordinated debt, bond, credit line, junior debt, mortgage bond, municipal bond, secured bond, straight paper, loan stock, marginal cost of capital


unsecured appears in these other terms

unsecured loan


unsecured appears in the definitions of these other terms on BusinessDictionary.com

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