unsecured loan

Unsecured Loan

A loan 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 as Treasury securities, are considered risk-free.

unsecured loan

money BORROWED by a company or individual without offering any COLLATERAL SECURITY to the lender.

unsecured loan

A loan without collateral.

单词	unsecured loan
释义	unsecured loan Unsecured Loan A loan 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 as Treasury securities, are considered risk-free. unsecured loan money BORROWED by a company or individual without offering any COLLATERAL SECURITY to the lender. unsecured loan A loan without collateral.
随便看	amanita ocreata amanita phalloides amanita rubescens amanitas amanita verna amanita virgata amanita virosa amanitin amanitine amanitins amanitis amann, josef albert amann operation amano cincinnati, inc. a man of action a man of few words a man of god a man of god/the cloth a man of his word a man of letters a man of many parts a man of mark a man of means a man of my kidney a man of my word