Meaning UNSECURED DEBT: Debt that does not identify specific assets that the debtholder is entitled to in case of default
More terms such as Unsecured debt in Dictionary U.
- Definition Unleveraged Program:
- Examples The use of borrowed funds to finance less than 50% of a purchase of assets. In a leveraged program borrowed funds are used to finance more than 50 unsecured debt definition.
- Definition Underlying Asset:
- Examples The security or property or loan agreement that an option gives the option holder the right to buy or to sell unsecured debt explain.
- Definition Unencumbered:
- Examples Property that is not subject to any claims by creditors. For example, securities bought with cash instead of on margin and homes with mortgages paid off unsecured debt what is.
- Definition Underbanked:
- Examples When an originating investment banker cannot find enough firms to underwrite a new issue unsecured debt meaning.
- Definition Unearned Income (Revenue):
- Examples Income received in advance of the time at which it is earned, such as prepaid rent unsecured debt abbreviation.
