Business law dictionary. 2015.
Unsecured debt — Debt that does not identify specific assets that can be taken over by the debtholder in case of default. The New York Times Financial Glossary * * * unsecured debt unsecured debt ➔ debt * * * unsecured debt UK US noun [C or U] FINANCE ► debt for… … Financial and business terms
unsecured debt — debt that does not identify specific assets that the debtholder is entitled to in case of default. Bloomberg Financial Dictionary * * * unsecured debt unsecured debt ➔ debt * * * unsecured debt UK US noun [C or U] FINANCE ► … Financial and business terms
unsecured debt — A debt that doesn t give the creditor the right to take a particular item of property if the debtor doesn t pay. Examples include credit card debts and medical bills. Compare: secured debt Category: Bankruptcy, Foreclosure & Debt → Bankruptcy… … Law dictionary
Unsecured Debt — A loan not secured by an underlying asset or collateral. Unsecured debt is the opposite of secured debt. The concept of unsecured debt is easily understood when its opposite is considered. A good example of secured debt would be a mortgage. The… … Investment dictionary
Unsecured debt — In finance, unsecured debt refers to any type of debt or general obligation that is not collateralized by a lien on specific assets of the borrower in a bankruptcy or liquidation.In the event of the bankruptcy of the borrower, the unsecured… … Wikipedia
unsecured debt — Debt obligations that are not backed by pledged collateral or security agreement … Black's law dictionary
unsecured debt — A debt that is not covered by any kind of collateral … Big dictionary of business and management
unsecured debt — /ˌʌnsɪkjυəd det/ noun a debt which is not guaranteed by a charge on assets or by any collateral … Dictionary of banking and finance
unsecured debt — debito non garantito Debito per il quale non è prestata una precisa garanzia per il rimborso, se si esclude la reputazione del debitore, ad es. un prestito concesso per l acquisto di un immobile senza che sia stata iscritta alcuna ipoteca a… … Glossario di economia e finanza
debt — n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan… … Law dictionary
