unsecured debt
noun[CorU]
FINANCEukusdebtfor which thelenderhas norightto thepropertyor otherassetsof theborrowerif thedebtis notpaid:
Thetotallevelof unsecureddebtperhouseholdstandsjustshortof $6900.
Examplesofunsecured debt
unsecured debt
The worry is that many people are tempted to consolidateunsecureddebtinto secured debt, usually secured against their home.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This is often considered controversial, since anunsecureddebttypically attracts higher interest, which is considered compensation for the creditor's higher risk.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The news story reported that theunsecureddebtholders would receive a 45% equity stake.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Common disallowed expenses are college tuition payments for a dependent and credit card payments (disallowed since they representunsecureddebt).
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The team invests in senior and subordinated, secured andunsecureddebtand equity, in both public and private companies.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.An overestimation may result in incurringunsecureddebt.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Those who compulsively incurunsecureddebtare said to be engaged in compulsive debting and are known as compulsive debtors.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Much of theunsecureddebtwas owed in back salary.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Codependent debtors incurunsecureddebtto pay for another persons' compulsive spending.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Borrowers typically face higher loan costs and collateral requirements, compared to periods of ample liquidity, andunsecureddebtis nearly impossible to obtain.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
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This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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