Unsecured vs Uncollateralized - What's the difference?
unsecured | uncollateralized |
Not secured; not fastened; not attached.
Of a loan or guarantee, without collateral.
Not collateralized.
*{{quote-news, year=2009, date=June 23, author=Dwight Cass And Christopher Hughes, title=Unwinding Fed Support, work=New York Times
, passage=Today, a bank can borrow dollars on an uncollateralized basis for a month in the interbank market for about 0.30 percent, which is more attractive than a Fed loan requiring full collateral, even if it is slightly cheaper. }}
As adjectives the difference between unsecured and uncollateralized
is that unsecured is not secured; not fastened; not attached while uncollateralized is not collateralized.unsecured
English
Adjective
(-)uncollateralized
English
Adjective
(-)citation