/ʌnˈsɪkjʊrd krɛdɪtər/ – Phrase
Definition: chủ nợ không có thế chấp.
A more thorough explanation: An unsecured creditor is a person or entity that has provided goods or services to a debtor without obtaining a security interest in any of the debtor’s property. In the event of the debtor’s insolvency or default, an unsecured creditor does not have a specific claim to any particular asset of the debtor and must rely on the general assets of the debtor for payment.
Example: An unsecured creditor is a party who has provided goods or services to a company without obtaining any form of security interest or collateral in return.