Unsecured debt is defined as the borrowing of money, as well as bills payable, that are not directly backed or guaranteed through a pledge of any asset as collateral. In the eventuality of a default on this debt, the creditor cannot recover the loan and the only option is to try renegotiating or… View Full Term
Trending Terms
Divestopedia Terms
Connect with us
Subscribe To Our Newsletter
By clicking sign up, you agree to receive emails from Divestopedia and agree to our Terms of Use and Privacy Policy.
What Are The First Steps to Take to Buy Out a Partner?
What Are Common Issues Encountered When Buying Out a Partner?
What are Common Situations that Lead to a Partner Buyout?
What Professions Should You Consult to Help You Buy Out a Partner?
What Are 3 Ways to Finance Buying Out a Partner?