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uncollateralized

American  
[uhn-kuh-lat-er-uh-lahyzd] / ˌʌn kəˈlæt ər əˌlaɪzd /

adjective

  1. lacking or needing no collateral.

    uncollateralized loans.


Etymology

Origin of uncollateralized

un- 1 + collateral + -ize + -ed 2

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The company extended hundreds of millions of dollars in uncollateralized loans, and invested hundreds of millions more in unregulated decentralized finance platforms, the lawsuit said.

From Reuters • Jan. 5, 2023

“In search of revenue, Celsius moved into significantly riskier investments, extending hundreds of millions of dollars in uncollateralized loans, and investing hundreds of millions of dollars in unregulated decentralized finance platforms,” the lawsuit said.

From New York Times • Jan. 5, 2023

Payday lenders provide short-term, uncollateralized loans that typically range from $100 to $500 per loan.

From Washington Times • Feb. 26, 2019

But after hearing how microfinance worked, Lilian developed a scoring system, one of the first in the world targeted for the sector, that would determine those individuals that would best benefit from uncollateralized loans.

From Forbes • Sep. 19, 2011

About $1.9 billion worth of the loans was backed by Agriculture Department guarantees, and another $2.1 billion was uncollateralized commercial loans used by Iraq's Ministry of Industry and Military Production.

From Time Magazine Archive