Definition of unsecured in English:

unsecured

Line breaks: un|secured
Pronunciation: /ʌnsɪˈkjʊəd
 
/

adjective

  • 1(Of a loan) made without an asset given as security.
    More 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.
    More 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: the maid had been responsible for leaving the room unsecured
    More 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.

More definitions of unsecured

Definition of unsecured in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day gussy
Pronunciation: ˈgəsē
verb
make more attractive