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Từ vựng:

unsecured debt

Giải nghĩa:

/ʌnˈsɪkjʊrd dɛt/ – Phrase


Definition: nợ không có thế chấp.

A more thorough explanation: Unsecured debt refers to a type of debt 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. Examples of unsecured debt include credit card debt, medical bills, and personal loans.

Example: The unsecured debt of the company was not backed by any collateral, making it riskier for the lender in case of default.

 

 
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