unsecured debt
A debt obligation that is backed only by the creditworthiness of the issuer and is not secured by a specific asset. See Convertible Debenture; Debenture; subordinate debenture.
Browse by Subjects
eurocommercial paper
convertible debenture
subordinate debenture
debenture
See All Related Terms »

Dealer Option
year end closing
derived demand
European Currency Unit
turn round