Origin of unsecured
Examples from the Web for unsecured
The report that a bank had given an unsecured loan to a superPAC turned out to be based on flawed FEC reporting.
So we're mostly talking about unsecured debts, mostly medical, auto balance, and credit card, which have gone to collections.
So it was the shareholders and $70 or $80 billion of unsecured creditors that lost their shirt.
Any considerable amount of unsecured and past due paper indicates lax methods in the debtor's own credit department.
He is good metal in the inside, though rough and unsecured without, and therefore hated of the courtier, that is quite contrary.
Despite the fact that these advances are unsecured by mortgage, the banks suffer very little loss on farm paper.Readings in Money and Banking|Chester Arthur Phillips
The usual method of granting credit to them is to advance loans on one and two name paper, unsecured.The Value of Money|Benjamin M. Anderson, Jr.
If you prefer, you may regard this amount as an unsecured loan and repay it with current interest on opportunity.Lorimer of the Northwest|Harold Bindloss
- (of a loan, etc) secured only against general assets and not against a specific asset
- (of a creditor) having no security against a specific asset and with a claim inferior to those of secure creditors