What is the meaning of unsecured creditor?

One of two general types of creditors of a company. The' unsecured creditor's have no liens on the property of the company.

Barry Goldsmith
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APABarry Goldsmith. (2010). unsecured creditor. Retrieved September 28, 2026, from http://smartdefine.org/unsecured_creditor/definitions/1166001
ChicagoBarry Goldsmith. 2010. "unsecured creditor" http://smartdefine.org/unsecured_creditor/definitions/1166001 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, unsecured creditor, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/unsecured_creditor/definitions/1166001>.
MLABarry Goldsmith. "unsecured creditor" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/unsecured_creditor/definitions/1166001>