Unsecured debt
id:
unsecured-debt-178-14697188
title:
Unsecured debt
text:
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. Unsecured debts are sometimes called signature debt or personal loans. These differ from secured debt such as a mortgage, which is backed by a piece of real estate. In the event of the bankruptcy of the borrower, the unsecured creditors
brand slug:
wiki
category slug:
encyclopedia
description:
Obligation of repayment without a collateral
original url:
https://en.wikipedia.org/wiki/Unsecured_debt
date created:
2004-12-31T01:15:38Z
date modified:
2024-09-04T17:46:18Z
main entity:
{"identifier":"Q4859065","url":"https://www.wikidata.org/entity/Q4859065"}
image:
fields total:
13
integrity:
15