unsecured notes

noun [plural] FINANCE

Definition

› notes (= a type of 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 are in default on $45.2 million in unsecured notes owed to the life insurance company.

(Definition of unsecured notes noun from the Cambridge Business English Dictionary © Cambridge University Press)

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unsecured adjective
unsecured credit noun
unsecured creditor noun
unsecured debt noun
unsecured loan noun
unsecured notes noun
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