Meaning of “unsecured” in the English Dictionary

(Definition of “unsecured” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"unsecured" in Business English

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uk /ˌʌnsɪˈkjʊəd/ us FINANCE

relating to 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:

While we may request security for your loan, it can be unsecured.
Total unsecured borrowing has increased by 60% over the past year.

(Definition of “unsecured” from the Cambridge Business English Dictionary © Cambridge University Press)