uncollateralized

[ uhn-kuh-lat-er-uh-lahyzd ]

adjective

1. lacking or needing no collateral:

   uncollateralized loans.

Word History and Origins

Origin of uncollateralized¹

un- ¹ + collateral + -ize + -ed ²

Example Sentences

The company extended hundreds of millions of dollars in uncollateralized loans, and invested hundreds of millions more in unregulated decentralized finance platforms, the lawsuit said.

From Reuters

“In search of revenue, Celsius moved into significantly riskier investments, extending hundreds of millions of dollars in uncollateralized loans, and investing hundreds of millions of dollars in unregulated decentralized finance platforms,” the lawsuit said.

From New York Times

He estimated uncollateralized lending across the industry was "probably in the hundreds of billions of dollars".

From Reuters

Most of the 11 lenders interviewed by Reuters said they would still provide uncollateralized loans, though they did not specify how much of their loan book this would be.

From Reuters

Payday lenders provide short-term, uncollateralized loans that typically range from $100 to $500 per loan.

From Washington Times