Unsecured debt: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 14/8/13) |
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Unsecured debt has no additional backing beyond the general credit of the issuer. | Unsecured debt has no additional backing beyond the general credit of the issuer. | ||
All other things being equal, unsecured debt is riskier for the lender than secured debt. | All other things being equal, unsecured debt is riskier for the lender than secured debt. | ||
== See also == | == See also == | ||
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* [[Secured debt]] | * [[Secured debt]] | ||
* [[Security]] | * [[Security]] | ||
Revision as of 11:07, 14 August 2013
Unsecured debt has no additional backing beyond the general credit of the issuer.
All other things being equal, unsecured debt is riskier for the lender than secured debt.