Unsecured Creditor

Unsecured Creditor - An unsecured creditor is an individual or institution that lends money without obtaining specified assets as collateral. If a borrower fails to make payment on debt that is unsecured, the creditor cannot take any of the borrower's assets without winning a lawsuit first.

Class Information

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Identification

Label (rdfs)
Unsecured Creditor
Preferred Label
None
Alternative Labels
Unsecured Creditor, Unsecured Lender, UCRD
Identifier
CRED-UCRD

Definition and Examples

Definition
An unsecured creditor is an individual or institution that lends money without obtaining specified assets as collateral. If a borrower fails to make payment on debt that is unsecured, the creditor cannot take any of the borrower's assets without winning a lawsuit first.
Examples
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Translations

es-es
Acreedor no garantizado
es-mx
Acreedor quirografario
pt-br
Credor quirografário
fr-fr
Créancier non garanti
de-de
Unbesicherter Gläubiger
en-gb
Unsecured Creditor
he-il
גורם יוצא מן הכלל
hi-in
असुरक्षित ऋणदाता
zh-cn
无抵押债权人
ja-jp
未担保債権者

Class Relationships

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Additional Information

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Description
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Notes
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Deprecated
False

Metadata

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