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Unsecured vs Uncollateralized - What's the difference?

unsecured | uncollateralized |

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

(-)
  • Not secured; not fastened; not attached.
  • Of a loan or guarantee, without collateral.
  • uncollateralized

    English

    Adjective

    (-)
  • Not collateralized.
  • *{{quote-news, year=2009, date=June 23, author=Dwight Cass And Christopher Hughes, title=Unwinding Fed Support, work=New York Times citation
  • , 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. }}