Legal Definition and Related Resources of Unsecured

A debt is said to be unsecured when no security, collateral or pledge is held. See Security, Secured Creditor.

Browse or run a search for Unsecured in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Unsecured in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Unsecured in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Unsecured in the Legal Abbreviations and Acronyms Dictionary.

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Mentioned in these terms

Arrangement.

Meaning of Unsecured in the U.S. Legal System

Definition of Unsecured published by the National Association for Court Management: In bankruptcy proceedings, for the purposes of filing a claim, a claim is unsecured if there is no collateral, or to the extent the value of collateral is less than the amount of the debt.

Concept of Unsecured in the context of Real Property

A short definition of Unsecured: Generally referring to an obligation which has only a promise as security. A note would be unsecured, a note and mortgage would be secured.

Concept of Unsecured in the context of Real Property

A short definition of Unsecured: Generally referring to an obligation which has only a promise as security. A note would be unsecured, a note and mortgage would be secured.