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词汇 unsecured-debt
释义 unsecured debt
noun[ C or U ]
 FINANCEukus
debt for which the lender has no right to the property or other assets of the borrower if the debt is not paid:
The total level of unsecured debt per household stands just short of $6900.

Examples of unsecured debt


unsecured debt
The worry is that many people are tempted to consolidate unsecureddebt into secured debt, usually secured against their home.
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This is often considered controversial, since an unsecureddebt typically attracts higher interest, which is considered compensation for the creditor's higher risk.
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The news story reported that the unsecureddebt holders would receive a 45% equity stake.
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Common disallowed expenses are college tuition payments for a dependent and credit card payments (disallowed since they represent unsecureddebt).
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The team invests in senior and subordinated, secured and unsecureddebt and equity, in both public and private companies.
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An overestimation may result in incurring unsecureddebt.
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Those who compulsively incur unsecureddebt are said to be engaged in compulsive debting and are known as compulsive debtors.
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Much of the unsecureddebt was owed in back salary.
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Codependent debtors incur unsecureddebt to pay for another persons' compulsive spending.
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Borrowers typically face higher loan costs and collateral requirements, compared to periods of ample liquidity, and unsecureddebt is nearly impossible to obtain.
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Wikipedia

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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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