noun
Meaning 1
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.
Definition source: English Wiktionary via Wiktextract
Usage: countable, uncountable
Topics: business, finance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: secured debt