Outrageously Funny Word Dictionary :: Unsecuredly

👉 Unsecuredly is a legal term in the United States that refers to a situation where an individual has no right or obligation to repay money owed, either through a personal loan, credit card debt, or any other financial arrangement. In this context, the "unsecured" part means that there is no collateral attached to the debt, which makes it less secure than secured debts. Unsecured loans are those where there is no guarantee of repayment and the borrower is responsible for paying back the amount borrowed.

unsecuredly