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"It is unsecured debt," said Daniel Alpert of Westwood Capital.
Be sure to ask before using another person's Internet connection even if it is unsecured.
The reason they are calling is to get money out of you the debtor because it is unsecured.
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If the bond is unsecured, it is known as a debenture bond.
According to regulatory filings by Loutraki's parent company, Queenco, submitted to the London Stock Exchange, the Piraeus loan to Loutraki is unsecured, meaning it is not backed by any collateral.
Just like P2P consumer loans, credit card debt is unsecured consumer debt, and it's largely available to the same "prime borrowers" (people with good credit).
The remaining $6 billion is unsecured debt.
Almost all of Tyco's debt is unsecured -- not backed by assets.
Of the $2.6 billion in loans outstanding to Enron, about a fourth, $620 million, is unsecured.
The Hulk Eric Bana, Jennifer Connelly, Sam Elliott, Nick Nolte, Josh Lucas Directed by Ang Lee PG-13 137 minutes "Angry man is unsecured," announces the four-star general (Mr. Elliott).
A personal loan is unsecured credit that is typically repaid within 3-7 years.
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CEO of Professional Science Editing for Scientists @ prosciediting.com