Unsecured Loan
A loan where no collateral is put up against the debt. The individual or institution making the loan has no claim on the debtors assets and is completely dependent on the borrowers willingness and ability to repay.
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Definition
Unsecured Loan
A loan obtained without pledging any security. That is, no collateral, no co-makers, no guarantors. etc. back the loan.
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An unsecured loan is a loan obtained without collateral. A person obtaining an unsecured loan agrees to pay back the loan within a set term and signs documents attesting to such. This type of loan can also be called a signature loan.
Unsecured Loan A loan that is made based on the reputation and credit history of the borrower and is not secured (or backed) by collateral. The borrower signs a promissory note that states the loan conditions and terms.
Unsecured Loan
A loan that is issued and supported only by the borrower's creditworthiness, rather than by some sort of collateral.
Unsubordinated Debt ...
On the opposite, unsecured loans are entirely based on the credit rating of the borrower. This type of loans is cheaper for the borrower but it carries higher risk for the lender.
Also known as an unsecured loan. significant order An order to purchase or sell securities that is large enough to affect the market price.
Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house.
Balance Sheet item (Loan Funds: Secured Loans+Unsecured Loans)
The amount of money that a company has borrowed (loans), and needs to repay. It can consist of secured and unsecured loans.
The overnight rate at which banks lend funds to each other, usually as unsecured loans from regional banks to money center banks. The Fed Funds rate is the average dollar-weighted rate of overnight funds.
Loan stock is certificates granted in exchange for a loan. There are two essential kinds of loan stock. The unsecured loan stock means that the company receiving the loan offers no collateral to guarantee the loan. The second is unsecured loans...
The amount of money that a company has borrowed (loans), and needs to repay. It can consist of secured and unsecured loans.
With respect to stock markets, a company may have debt in the form of secured/unsecured loans, bond issues.
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 See also: Interest, Debt, Asset, Interest Rate, Offer
  
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