unsecured

/ʌn.sɪˈkjʊərd/
not protected or guaranteed

The loan was unsecured, meaning no collateral was required.

This means the borrower didn't need to provide assets as security.


Finance
formal

Not protected by a guarantee or collateral

An unsecured loan is based solely on the borrower's creditworthiness.

This type of loan doesn't require pledging assets as security.

Common in personal loans, credit cards, and some business financing.

Law
formal

Not protected by legal or physical safeguards

The witness provided unsecured testimony without legal protection.

This means the testimony wasn't guaranteed confidentiality or immunity.

Used in legal contexts where protection measures are absent.

Collocations

unsecured loana loan without collateralunsecured debtdebt not backed by assets

Related Phrases

secured loanphrase
a loan backed by collateral
unsecured creditorphrase
a creditor with no collateral

Pro Tip

Financial Context

In finance, 'unsecured' typically means no collateral is required, but interest rates may be higher due to increased risk.

Gold Rule

Legal vs. Financial Use

In legal contexts, 'unsecured' refers to lack of protection, while in finance it refers to lack of collateral.

Word Origin

From 'un-' (not) + 'secured' (protected or guaranteed)

Usage Notes

Primarily used in financial contexts to describe loans or debts without collateral. In legal contexts, it refers to information or agreements lacking formal protection.

Word Breakdown

un-
not
prefix
+
secured
protected or guaranteed
root
English Dictionary