unsecured


Also found in: Thesaurus, Financial.

unsecured

(ˌʌnsɪˈkjʊəd)
adj
1. (Banking & Finance) finance
a. (of a loan, etc) secured only against general assets and not against a specific asset
b. (of a creditor) having no security against a specific asset and with a claim inferior to those of secure creditors
2. not made secure; loose
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.unsecured - not firmly fastened or securedunsecured - not firmly fastened or secured; "an unbarred door"; "went through the unlatched gate into the street"; "an unlocked room"
unfastened - not closed or secured; "the car door was unfastened"; "unfastened seatbelts"
2.unsecured - without financial securityunsecured - without financial security; "an unsecured note"
unsafe, insecure - lacking in security or safety; "his fortune was increasingly insecure"; "an insecure future"
Translations

unsecured

[ˈʌnsɪˈkjʊəd]
A. ADJ (Fin) → no respaldado, sin aval
B. CPD unsecured creditor Nacreedor(a) m/f común
unsecured debt Ndeuda f sin respaldo

unsecured

[ˌʌnsɪˈkjʊərd] adj [loan] → sans garantie
unsecured creditor → créancier/ière m/f sans garantie

unsecured

adj (Fin) loan, bondohne Sicherheit(en)

unsecured

[ˌʌnsɪˈkjʊəd] adj unsecured creditorcreditore m non privilegiato
References in classic literature ?
Crossing to Tara he acquainted her with his suspicion, leading her to one of the doors which they found unsecured.
The funnel had gone overboard in one of the heavy rolls; two of their three boats had disap peared, washed away in bad weather, and the davits swung to and fro, unsecured, with chafed rope's ends waggling to the roll.
The distinction between secured and unsecured taxes is important, because it affects the priority of claims and the debtor's responsibilities after bankruptcy.
s (UnitedHealth) planned issuance of up to $1 billion of senior unsecured notes.
The troubled company's reorganization almost always results in the reduction of unsecured creditors' claims.
NASDAQ: MCEL), a leading developer of hydrogen battery technology today announced that it has completed a $6 million private placement of convertible unsecured debentures (the "Unsecured Debentures") and warrants based on a 35% coverage ratio.
The senior unsecured rating applies to approximately $574 million in outstanding debt obligations.
It contains new information regarding Vitro's US$1 billion recent issuance as well as corrected rating information about Vitro's existing senior unsecured notes.
s Issuer Default Rating ('IDR'), senior unsecured notes, and senior unsecured convertible notes to 'BB+' from 'BBB-'.
600 million senior unsecured floating-rate notes due 2015 (issued under Rule 144A) 'CCC+/RR6';
AAWW) (Nasdaq: AAWW), a leading provider of global air cargo services, has begun distribution of 406,464 shares of AAWW's common stock to holders of allowed general unsecured claims against AAWW and certain of its subsidiaries pursuant to the terms of a Joint Plan of Reorganization under which AAWW and the subsidiaries emerged from Chapter 11 bankruptcy protection on July 27, 2004.
In addition, the rating for the $250 million senior unsecured notes due 2012 is expected to be downgraded to 'CCC+/RR6' from 'BB-'.