uncollateralized
Appearance
English
[edit]Etymology
[edit]From un- + collateralized.
Adjective
[edit]uncollateralized (not comparable)
- Not collateralized.
- 2009 June 23, Dwight Cass, Christopher Hughes, “Unwinding Fed Support”, in New York Times[1]:
- 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.