Dictionary
are unsecured
adjective
Not physically secured; not fastened; not attached.
Exact(51)
Fed fund loans, after all, are unsecured.
Now the retirees are unsecured creditors awaiting a minuscule payout in the Lehman bankruptcy.
The question Judge Rhodes did not address was whether general-obligation bonds are unsecured debt.
Borrowers who default on a Heloc can lose their home, while federal education loans are unsecured.
In most states, employees are unsecured creditors whose claims are among the last paid in bankruptcy.
Most personal loans are unsecured, but homeowners can also borrow against the equity in their property.
Similar(9)
They're unsecured creditors," he said.
The remaining $6 billion is unsecured debt.
"It is unsecured debt," said Daniel Alpert of Westwood Capital.
If the bond is unsecured, it is known as a debenture bond.
Almost all of Tyco's debt is unsecured -- not backed by assets.
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