Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “unsecured loan”

unsecured loan

noun [C]
 
 
(also signature loan) FINANCE
a loan for which the lender has no right to the property or other assets of the borrower if the money is not paid back: They will offer unsecured loans to anyone over 22 with comprehensive motor insurance.
(Definition of unsecured loan from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of unsecured loan?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hoppy

like hops (= dried fruit used to make beer)

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More