/ˌʌnsɪˈkjʊəd/ – adjective
Definition: không có đảm bảo, không bảo hiểm, không thế chấp.
A more thorough explanation: In legal terms, “unsecured” refers to a debt or loan that is not backed by collateral. This means that if the borrower defaults on the loan, the lender does not have a specific asset to seize in order to recover the amount owed.
Example: The borrower defaulted on the unsecured loan, leading the lender to pursue legal action to recover the outstanding debt.