Unsecured debt

In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment.

单词	Unsecured debt
释义	Unsecured debt 原声例句经济学人-综合 On June 14th Mr Orr announced a moratorium on the repayment of all unsecured debt, starting with a $40m payment due that day. 6月14日，奥尔先生宣布所有无担保债务可以延缓偿付期。该方案奏效于当天到期的一笔四千万美元的支付。英语百科 Unsecured debt In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment.
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