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View definitions for unsecured

unsecured

adjective as in unlocked

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Example Sentences

Similarly a range of unsecured creditors - with potential claims of about £23,000 between them - are "highly unlikely" to see any payout.

From BBC

Several thousand car owners were eligible to vote on the plan, because they had filed claims against Fisker making them unsecured creditors.

A number of shareholders sent letters to the court asking for an SEC inquiry into Fisker’s dealings with the creditor, whose position as a secured lender had been opposed by unsecured creditors earlier in the bankruptcy process.

The deal reached with the bankruptcy court allows the firm to repay customers ahead of the other unsecured creditors such as the government.

From BBC

Investigators concluded that Eppolito took “the situation seriously” when she learned her son was suicidal and that leaving her gun unsecured was not typical for her.

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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

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