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Unsecured Loan

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Unsecured Loans

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Unsecured Definition

–adjective
1. not secured, esp. not insured against loss, as by a bond or pledge: an unsecured loan.
2. not made secure, as a door or lock of hair; unfastened.
3. not protected against tapping or in 3e8 terception, as a telephone line or radio communication.
From Dictionary

Loan Definition

–noun
1. the act of lending; a grant of the f6c temporary use of something: the loan of a book.
2. something lent or furnished on condition of being returned, esp. a sum of money lent at interest: a $1000 loan at 10 percent interest.
3. loanword.
–verb (used with object)
4. to make a loan of; lend: Will you loan me your umbrella?
5. to lend (money) at interest.
–verb (used without object)
6. to make a loan or loans; lend.
7. on loan,
a. borrowed for temporary use: How many books can I have on loan from the library at one time?
b. temporarily provided or released by one's regular employer, superior, or owner for use by another: Our best actor is on loan to another movie studio for two films.
From Dictionary

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