Unsecured debt is typically tied to a debtor’s creditworthiness and isn’t backed by any collateral or asset. Unsecured debt is debt that is not backed by any asset or collateral. Borrowers of ...
A method of financing in which a company receives a loan and gives its promise to repay the loan Debt financing includes both secured and unsecured loans. Security involves a form of collateral as ...
Debt-to-Equity Ratio Definition: A measure of the extent to which a firm's capital is provided by owners or lenders, calculated by dividing debt by equity. Also, a measure of a company's ability ...