Accounting


A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

  Dictionary  »  Letter U  »  unsecured creditor

unsecured creditor

A lender or supplier who is owed money but does not have a lien on any of the assets of the company that owes the money. If the company that owes the money is liquidated, the unsecured lender receives money only after the secured lenders have been paid.


» For more clarity on this term: 

  ← Go Back

Learn about our 2010 Master Accounting Download Package

Now you can highlight, make notes, and study away from your computer.

Complete PDF Package

Click Here to Learn More