Unsecured debt: Difference between revisions
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* [[Secured debt]] | * [[Secured debt]] | ||
* [[Security]] | * [[Security]] | ||
* [[Unbacked]] | |||
* [[Uncommitted]] | * [[Uncommitted]] | ||
Revision as of 16:46, 10 November 2021
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.
