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- Dictionaryunsecured/ˌʌnsɪˈkjʊəd/
adjective
- 1. (of a loan) made without an asset given as security.
- 2. not made secure or safe: "the maid had been responsible for leaving the room unsecured"
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UNSECURED definition: 1. relating to a loan (= an amount of money that is lent) for which the person who has lent the…. Learn more.
: not protected or free from danger or risk of loss : not secured. unsecured cargo. unsecured funds. an unsecured loan. Synonyms. insecure. lax. loosened. relaxed. slackened. See all Synonyms & Antonyms in Thesaurus. Examples of unsecured in a Sentence. an unsecured luggage rack on top of the car that was a hazard to other vehicles on the road.
Jan 19, 2022 · Unsecured is when a debt is not backed (secured) by collateral, making them relatively riskier than secured debts. In the event of default, these obligations must be...
Unsecured definition: not secured, especially not insured against loss, as by a bond or pledge. See examples of UNSECURED used in a sentence.
Unsecured is used to describe loans or debts that are not guaranteed by a particular asset such as a person's home. We can arrange unsecured loans for the amount that suits you. American English : unsecured / ʌnsɪkyˈʊərd /
relating to a loan (= an amount of money that is lent) for which the person who has lent the money has no right to take property from the person who has borrowed it, if the money is not paid back: With an unsecured loan you do not offer your home as security and it is therefore a popular form of borrowing among consumers.
Definition of unsecured adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
adj. 1. (Banking & Finance) finance. a. (of a loan, etc) secured only against general assets and not against a specific asset. b. (of a creditor) having no security against a specific asset and with a claim inferior to those of secure creditors. 2. not made secure; loose.
Definitions of unsecured. adjective. not firmly fastened or secured. synonyms: unbarred, unbolted, unlatched, unlocked. unfastened. not closed or secured. adjective. without financial security. “an unsecured note”.
Sep 18, 2023 · What Is an Unsecured Loan? An unsecured loan doesn't have any particular collateral tied to it. Instead, qualification is based on your creditworthiness and certain other...
