uncollateralized
Lacking pledged assets
Uncollateralized describes a loan or debt not backed by collateral—assets the lender could seize if the borrower defaults.
An uncollateralized loan relies solely on the borrower's creditworthiness and promise to repay: Uncollateralized credit card debt carries higher interest rates than a mortgage.
The term appears primarily in finance and lending contexts.
Borrowed money repaid later
- borrowingTemporary taking of another's
- lendingTemporary provision of resources
- creditRecognition or payment deferral
- lenderOne who loans money
borrower · creditor · debtor · promissory · signature · personal · overdraft · unsecured
Preset standard option
- exposureState of being unprotected
- vulnerabilityOpenness to harm
- nonpaymentFailure to settle debts
- delinquencyCriminal or neglectful behavior
losses · creditworthiness · overextension · speculation · volatility · uncertainty · writeoff · chargeoff
Money owed another
- liabilityLegal or financial obligation
- indebtednessState of owing money
- obligationRequired task or commitment
- repaymentGiving back what's owed
amortization · interest · maturity · due · promise · commitment · guarantee · recourse
loan
Borrowed money repaid later
- borrowingTemporary taking of another's
- lendingTemporary provision of resources
- creditRecognition or payment deferral
lender · borrower · creditor · debtor · promissory · signature · personal · overdraft · unsecured · unbacked
default
Preset standard option
- exposureState of being unprotected
- vulnerabilityOpenness to harm
- nonpaymentFailure to settle debts
delinquency · losses · creditworthiness · overextension · speculation · volatility · uncertainty · writeoff · chargeoff
debt
Money owed another
- liabilityLegal or financial obligation
- indebtednessState of owing money
- obligationRequired task or commitment
repayment · amortization · interest · maturity · due · promise · commitment · guarantee · recourse · covenant
uncollateralizedcollateralized
Backed by pledged assets
secured · asset-backed · guaranteed · pledged · mortgaged
collateral, collaterally, collaterals, collateralize, collateralization, collateralized