Unsecured Loan Stock

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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.
References in periodicals archive ?
Gittins urged State Universal Basic Education Boards (SUBEB) across the country to partner with ULS to enhance literacy in public schools through the Jolly monitor app.
The researchers found that the estimated surgical failure rate was 61.5 and 70.3 percent in the ULS and SSLF groups, respectively (adjusted difference, −8.8 percent; 95 percent confidence interval, −24.2 to 6.6), by year five.
Research on ULS has been ongoing for nearly 30 years, but M-ULS is still an emerging area.
The FCS-free database is part of the 3Rs database program, initiated by the 3Rs-Centre ULS to make 3Rs information (on Replacement, Reduction and Refinement of animal experiments) available for free.
VINNAPAS EP 3360 ULS, a vinyl acetate and ethylene-based dispersion, is a novel binder for flat to eggshell interior paints and plasters of low environmental impact.
Mean hospital stay was 3 days in both groups and the occurrence of urinary retention was likewise similar (15% for SSLF and 11% for hysterectomy with ULS).
ULS was already a vendor with BofA, and then when the big bank realized what a mess of bad loans it had bought, ULS very quickly ramped up its work with the big lender--and the company has been operating at full throttle ever since.
A back-of-the-envelope calculation reveals that these numbers rival diesel efficiency and if mogas is factored into the equation, flying a 912 iS-equipped aircraft is substantially less expensive than the equivalent 912 ULS.
And despite Lilienfeld's understanding that the holiday waste number may have changed, the 2006 ULS Report--and consequently the EPA--stuck with the same 25% figure.
Currently, Miller is the director of the Pitt University Library System (ULS) and Hillman University Librarian.
Nineteen university libraries (ULs) responded to the questionnaire, a response rate of 95 percent.