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单词 unsecured credit
释义

unsecured credit

Definition
Credit extended only on the basis of the debtor's promise to repay, without any collateral security.

Use 'unsecured credit' in a Sentence

When the company took out a business credit card with a $50,000 limit, the manager was a little hesitant about having that much unsecured credit at the disposal of some unethical executives.
Since I don't have many assets for collateral, the only type of credit that works well for me is unsecured credit, like credit cards
The unsecured credit line had not been used yet so that was an acceptable method of generating cash at the time.
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更新时间:2025/3/10 8:52:48