A lender or supplier who is owed money but does not have a lien on any of the assets of the company that owes the money. If the company that owes the money is liquidated, the unsecured lender receives [..]

Definition A lender who will receive payment for goods or services not based on a hold against personal property.

see creditor

A creditor who has no security for his debt and will therefore rank with other unsecured creditors on an equal basis with no preference in the event of a liquidation or bankruptcy.

This term relates to a creditor who does not hold security or who is not a preferential creditor [see above].

A creditor who does not hold security (such as a mortgage) for money owed. Some unsecured creditors may also be preferential creditors.

A creditor whose debt is not backed by security against assets.

Strictly, any creditor who does not hold security. More commonly used to refer to any ordinary creditor who has no preferential rights, although, in fact preferential creditors will almost always also [..]

An unsecured creditor is any creditor who does not hold security). This class of creditor will rank last of all in cases where a dividend is likely to be paid.

  A creditor who does not hold security (such as a mortgage) for money owed. Some unsecured creditors may also be preferential creditors.

An unsecured creditor, strictly, is any creditor who does not hold security. More commonly used to refer to any ordinary creditor who has no preferential rights, although, in fact preferential credito [..]

A creditor who does not hold security (such as a mortgage) or money owed. Some unsecured creditors may also be preferential creditors.