Unsecured

Business / Real Estate / Unsecured: Describes a debt instrument, such as a debenture, that is backed only by the debtors promise to pay.

Unsecured Bond

Business / Taxes / Unsecured Bond: When a bond isn't backed by collateral or security of some kind, such as a mortgage, that can be used to repay the bondholders if the bond issuer defaults, the bond is described as unsecured. However, MORE

Unsecured Loan

Business / Debt / Unsecured Loan: An unsecured loan is a loan where the lender has no entitlement to any of the borrower's assets in the event of the borrower failing to make the loan repayments. Such a loan normally carries a higher MORE

Debentures (Unsecured Bonds)

Business / Accounting / Debentures (Unsecured Bonds): Bonds for which no collateral has been pledged. MORE

Unsecured Creditor

Business / Debt / Unsecured Creditor: A creditor who does not hold security (such as a mortgage) for money owed. MORE

Unsecured Debt

Business / Finance / Unsecured Debt: Issue of a security for which there is no existing market. See: Seasoned issue. MORE

Secured Loan

Business / Debt / Secured Loan: A loan which is backed up by assets belonging to the borrower (normally property) in order to decrease the risk taken on by the lender. Mortgages and some personal loans are secured loans. If you don' MORE

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