Advertising

Unsecured debt

• Debt that does not identify specific assets that can be taken over by the debt holder in case of default.

 
 

Follow this link for all the terms related to debt.

 
 Embedded terms in definition
 Assets
Debt
Default
 
 Related Terms
 

<< Unsecured Unsecured loan >>

What Happens If a Bank Fails?: How the FDIC protects depositors, including providing quick access to insured funds. More...

Do, or do not. There is no 'try.' - Jedi Master Yoda

Advertising



Copyright 2009-2019 GVC. All rights reserved.