1. Not secured by collateral; lacking backing or security in the form of assets pledged as a guarantee for a loan or debt
The company obtained an uncollateralized loan from the bank based on its strong credit history.
A empresa obteve um empréstimo sem garantia colateral do banco baseado em seu histórico de crédito forte.
2. In finance, referring to a debt or financial obligation that is not backed by specific assets that can be seized in case of default
Uncollateralized debt typically carries higher interest rates due to increased risk.
A dívida sem garantia colateral geralmente carrega taxas de juros mais altas devido ao risco aumentado.