unsecured (Meaning)

Wordnet

unsecured (s)

not firmly fastened or secured

without financial security

unsecured Sentence Examples

  1. The unsecured loan had a high interest rate due to its lack of collateral.
  2. The company faced financial difficulties as it had too much unsecured debt.
  3. The bank was hesitant to grant an unsecured loan without a personal guarantee.
  4. The unsecured promissory note did not provide any security for the lender.
  5. The borrower defaulted on the unsecured loan, leaving the lender without any recourse.
  6. The credit card debt was unsecured, which made it more risky for the lender.
  7. The mortgage was unsecured, which meant the borrower could lose the property if they failed to make payments.
  8. The unsecured bond issue had a lower rating than secured bonds, indicating higher risk.
  9. The unsecured loan was approved based on the borrower's good credit history.
  10. The unsecured investment was subject to market fluctuations, potentially leading to loss of capital.

FAQs About the word unsecured

not firmly fastened or secured, without financial security

detached,loosened, loose, slack, insecure,relaxed, unattached, undone, lax, saggy

attached, restrained, tight, taut, constrained,tight, restrained, attached, taut, tense

The unsecured loan had a high interest rate due to its lack of collateral.

The company faced financial difficulties as it had too much unsecured debt.

The bank was hesitant to grant an unsecured loan without a personal guarantee.

The unsecured promissory note did not provide any security for the lender.