Unsecured

Unsecured,

Unsecured Definition:

  1. An unsecured loan or line of credit (LOC) is a loan in which a loan is taken without providing an equal loan. Suicide is real property or any other valuable asset offered by the borrower through a loan. With unsecured loans, the lender will lend funds based on the borrower's other qualifying factors. These qualifying factors include credit history, income, employment status and other current loans.

  2. Definition of Unsecured: In collection or inadmissible proceedings, the claim or claim is not guaranteed if there is no guarantee or if the value of the guarantee is less than the claim.

Meanings of Unsecured

  1. (Of loan) without any collateral.

  2. It is neither safe nor secure.

Sentences of Unsecured

  1. At this stage, you should not consider payments for unsecured loans such as personal loans, overdrafts and credit cards.

  2. The maid is responsible for leaving the room without any guarantee

Synonyms of Unsecured

unbolted , unpinned , movable , loosened , slack , not fitting , easy , limp , undone , unhooked , asunder , baggy , disconnected , free , uncaged , unfastened , relaxed , insecure , apart , flabby , liberated , clear , slackened , unbuttoned , unattached , unrestrained , lax

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Unsecured,

What is The Meaning of Unsecured?

Unsecured means, An unsecured loan or line of credit (LOC) is a loan that is taken without any collateral. Collateral property or other valuable item that the borrower guarantees the loan. In the case of unsecured loans, the lender will provide funds based on the borrower's other qualifying factors. These qualifying factors include credit history, income, employment status and other current loans.

A simple definition of Unsecured is: In recovery or bankruptcy proceedings, no claim or claim is safe if there is no guarantee or if the value of the guarantee is less than the amount of the claim.

Meanings of Unsecured

  1. (Loan) without security deposits.

  2. Not sure or not

Sentences of Unsecured

  1. The housekeeper is responsible for leaving the room without bail.

Unsecured,

Unsecured: What is the Meaning of Unsecured?

The definition of Unsecured is: Unsecured refers to loans or obligations that are not supported by any kind of guarantee.

  • An unsecured loan is when the loan is unsecured, which makes it more risky than a secured loan.
  • In the event of non-payment, the liability must be determined by means other than the provision of security.
  • Because they are more risky, unsecured loans have higher interest rates than secured loans.
  • Many personal loans, line of credit, credit cards, and some commercial loans or bonds are unsecured.

Meanings of Unsecured

  1. (Loan) as collateral.