unsecured
12
6.8
- adjective
- /ˌʌn.sɪˈkjʊrd/
- Specialized
:
no garantizado
- However, it's very difficult to get an unsecured loan for more than $10,000.
- unsecured creditors
- unsecured claims
- general unsecured
The bank depositors become unsecured general creditors of the bank.
- The bank depositors become unsecured general creditors of the bank.
- They're just unsecured debt obligations of the issuing bank.
- And Greensill then made an unsecured loan to them, which was passed off as supply chain financing.
Examples
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...for an unsecured loan, Matt.
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You can avoid bankruptcy and still eliminate your unsecured debts by using debt relief programs.
Blog text (10) -
Making it even more costly for them to lend for housing than for unsecured credit cards.
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We've extended a large sum of unsecured credit to you over a long period.
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The loans are called "unsecured" loans, and they make lenders very nervous.
Fiction book (1994) -
Risky unsecured lending is growing at its fastest rate for the last eight years and is clearly not sustainable.
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The bank depositors become unsecured general creditors of the bank.
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The court agreed, dismantling the official committee of unsecured creditors in February 2014.
Academic text (2018) -
A provision of the Bankruptcy Code assigns priority to unsecured creditors' claims for unpaid benefit plan premiums.
Blog text (29) -
Many people struggle with debt because they have too much unsecured credit, like credit cards.
Synonyms
A debt not backed by property
How Guaranteed
Surface Forms
Morphology
unsecured = secured (transparent) = un + secure + ed
Formed by productive negation 'un-' applied to the adjective 'secured' (protected/guaranteed), so the meaning is directly 'not secured'.
Etymology
Unsecured comes from un- 'not' and secure 'safe'. For loans, it means the lender has no 'property' or item to take if the borrower does not pay, so the loan is riskier and often has higher interest.