uncollateralized
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English[edit]
Etymology[edit]
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.