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unsecured

Syllabification: un·se·cured
Pronunciation: /ˌənsəˈkyo͝ord
 
/

Definition of unsecured in English:

adjective

1(Of a loan) made without an asset given as security.
Example sentences
  • Do not include the payments you are supposed to make on any unsecured credit such as personal loans, overdrafts and credit cards at this stage.
  • The loan was unsecured, interest free and has no fixed repayment date, according to the accounts.
  • Decrease your debt by starting with the most expensive line of credit you have, which will usually be your credit card, then your overdraft, followed by a personal or unsecured loan.
1.1(Of a creditor) having made an unsecured loan.
Example sentences
  • More than six years after a York travel and hotel company collapsed, unsecured creditors are finally set to get some of their money back.
  • He said holders would rank as unsecured creditors in the Company Voluntary Arrangement document which is to be circulated to creditors soon.
  • He said there was nearly E60 million owed to 2,400 unsecured creditors of the company.
2Not made secure or safe.
Example sentences
  • As other countries up their security arrangements, they will identify goods as one of two classifications - those they consider secure, and those they consider unsecured.
  • I did a lot of surfing the net (thanks to my neighbour's unsecured wireless connection).
  • People should be taught to take the right precautions when using an unsecured network.

Words that rhyme with unsecured

gourd, Lourdes, self-assured, uncured, uninsured, unobscured

Definition of unsecured in:

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