Last Updated
:2025/12/08
unsecured debt
Noun
countable
uncountable
Japanese Meaning
担保や保証人による保護が付いていない債務(破産・清算時に借り手の特定資産に対する担保権が設定されていない一般的な負債)
( plural )
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(finance, business) 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.
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unsecured debt
After the company filed for bankruptcy, its unsecured debt holders received only a fraction of what they were owed.
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After the company filed for bankruptcy, its unsecured debt holders received only a fraction of what they were owed.
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