Unsecured debt

From ACT Wiki
Revision as of 14:48, 10 November 2024 by Doug (talk | contribs) (Add link.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Unsecured_debt&oldid=57312’