1780, from un- (1) "not" + past participle of secure (v.).

Definition Backed not by collateral but only by the integrity of the borrower. opposite of secured.

not secured: as a : not guaranteed or protected as to payment, performance, or satisfaction by a security interest or by property given or pledged as security [ debt] [an claim] b : characterized ...

The financier has no security other than a legal commitment by the borrower to repay the loan.

A debt is unsecured if there is no collateral that is security for the debt. An unsecured loan is an obligation backed not by collateral but only by the integrity of the customer. Ie A car loan may be [..]

Unsecured describes a loan that's not supported by collateral. Unsecured debt is riskier for the lender, because there's little recourse available if the borrower doesn't repay as promi [..]

(adj) not firmly fastened or secured(adj) without financial security

In collection or bankruptcy proceedings, a debt or a claim is unsecured if there is no collateral, or to the extent the value of collateral is less than the amount of the debt.

The financier has no security, merely the obligation/undertaking from the borrower to repay.

In bankruptcy proceedings, for the purposes of filing a claim, a claim is unsecured if there is no collateral, or to the extent the value of collateral is less than the amount of the debt.

In bankruptcy proceedings, for the purpose of filing a claim, a claim is unsecured if there is no collateral, or to the extent the value of collateral is less than the amount of the debt.

Ordinary creditor who does not benefit from any special ranking or privilege in the payment of his claims. Haut de page [..]

Not physically secured; not fastened; not attached. Not made secure in any sense. ''an unsecured Internet connection'' Of a loan or guarantee, without collateral.