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Unsecured

Backed not by Collateral but only by the integrity of the borrower. opposite of secured.

Related Terms: 6 Borrow, Collateral, ECU, Owe, PPO, SEC
Other Related Pages: Category: Lending_and_Credit Starting With: U
Additional Related Terms: 10-K, Accrual of discount, Amortization of premium, Asset-backed security, At par, All or any part, At best, At call, At risk, Add-on service