Usually means: Debt not backed by collateral.
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We found 10 dictionaries that define the word unsecured debt:

General (4 matching dictionaries)
  1. unsecured debt: Longman Dictionary of Contemporary English
  2. unsecured debt: Dictionary.com
  3. Unsecured debt: Wikipedia, the Free Encyclopedia
  4. unsecured debt: Wiktionary

Business (6 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Everybody's Legal Dictionary (No longer online)
  3. Unsecured debt: bizterms.net
  4. Unsecured Debt: Investopedia
  5. Unsecured Debt: Financial dictionary
  6. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (unsecured debt)

noun:  (business, finance) Any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation.

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