unsecured creditor Meaning in the Cambridge English Dictionary
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Meaning of “unsecured creditor” in the English Dictionary

"unsecured creditor" in Business English

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unsecured creditornoun [C]

uk   us   FINANCE
a ​person or ​organization that has ​lentmoney and has no ​right to the ​property or other ​assets of the borrower if the ​money is not ​paid back: Following the ​bankruptcy, it's too early to say if anything will be ​left for unsecured ​creditors.
(Definition of unsecured creditor from the Cambridge Business English Dictionary © Cambridge University Press)
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