unsecured liability

Unsecured Liability

A debt or other liability that is not secured by an asset or lien, but rather by the all issuer's assets not otherwise secured. This means that an unsecured liability carries no collateral; in case of bankruptcy, the bondholder is considered a general creditor. Thus, the bondholder is paid out of funds that do not have a prior claim on them with a secured debt. Like most bonds, an unsecured bond is tradeable. Some unsecured bonds, such Treasury securities, are considered risk-free.

unsecured liability

A liability for which no specific collateral is held by a creditor. Essentially, payment on an unsecured liability is assured by the promise of the borrower.

单词	unsecured liability
释义	unsecured liability Unsecured Liability A debt or other liability that is not secured by an asset or lien, but rather by the all issuer's assets not otherwise secured. This means that an unsecured liability carries no collateral; in case of bankruptcy, the bondholder is considered a general creditor. Thus, the bondholder is paid out of funds that do not have a prior claim on them with a secured debt. Like most bonds, an unsecured bond is tradeable. Some unsecured bonds, such Treasury securities, are considered risk-free. unsecured liability A liability for which no specific collateral is held by a creditor. Essentially, payment on an unsecured liability is assured by the promise of the borrower.
随便看	johnson, sir john johnson-sirleaf ellen johnson-sirleaf, ellen johnson, sir william johnson space center johnson space center amateur radio club johnson space center astronomical society johnson space center management directive johnson space flight center johnson's shut-ins state park johnson state college johnson, stephanie johnson stokes & master johnson (surname) johnson symington johnson technical reports server johnson, thomas johnson, tom loftin johnson, treat baldwin johnson, u. alexis johnson, uwe johnson, va eshelman johnsonville state historic park johnson, virginia johnson virginia eshelman