Unsecured Loan Stock
(redirected from Unsecured Loan Stocks)

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Unsecured Loan Stock

A loan made to a company with no collateral. In many respects, unsecured loan stock behaves like a bond (both offer fixed returns, have maturity dates, and so forth). However, unlike a bond, in the event of default or liquidation, the holder of unsecured loan stock does not have a claim on the company's assets. For that reason, unsecured loan stock carries higher risk than a bond. Despite the name, it has nothing to do with shares of stock.

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Unsecured Loan Stock (redirected from Unsecured Loan Stocks)

Unsecured Loan Stock
(redirected from Unsecured Loan Stocks)