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unsecured loan

[/ʌnˈsɪkjərd loʊn/]
nounpl: unsecured loans
empréstimo sem garantia
1. A loan provided by a lender without requiring collateral or security, based primarily on the borrower's creditworthiness and ability to repay
She obtained an unsecured loan to pay for her education.
Ela obteve um empréstimo sem garantia para pagar sua educação.
2. A loan where the lender has no claim on specific assets if the borrower defaults
Credit card debt is typically an unsecured loan.
A dívida do cartão de crédito é tipicamente um empréstimo sem garantia.
Synonyms
personal loansignature loanunsecured creditempréstimo pessoalempréstimo sem colateral
Antonyms
secured loanempréstimo com garantiaempréstimo com colateral

Regional Variations

General Brazilian
empréstimo sem garantia
Standard term used in banking and financial contexts
Brazil
empréstimo pessoal
Commonly used in casual and commercial contexts
Portugal
empréstimo sem garantia
Standard formal term in Portuguese banking
Portugal
crédito sem caução
Alternative formal term used in some contexts

Related Idioms & Phrases

taking a leap of faith with credit
borrowing on trust
pedir dinheiro emprestado na confiança
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