Unsecured Note

Filed Under » ,
Dictionary Says

Definition of 'Unsecured Note'

A loan that is not secured by the issuer's assets. Unsecured notes are similar to debentures but offer a higher rate of return with less security than a debenture.Such notes are also often uninsured and subordinated. The note is structured for a fixed period of time.
Investopedia Says

Investopedia explains 'Unsecured Note'

Companies sell unsecured notes through private offerings to generate money for corporate initiatives such as share repurchases and acquisitions. An unsecured note is not backed by any collateral and therefore presents the most risk to lenders (investors in the notes). Due to the higher risk involved, the interest rates on these notes are higher than with secured notes.
Search results for

'Unsecured Note'

  • ETN Credit Risk May Outweigh Benefits For Some

    http://www.investopedia.com/articles/bonds/08/credit-risk-exchange-traded-note.asp
    ... these securities. Differences ETNs differ from ETFs in the following four
    ways: 1. ETNs are structured as unsecured debt. Investors ...

  • Asset-Backed Commercial Paper Carries High Risk

    http://www.investopedia.com/articles/bonds/08/commercial-paper.asp
    ... The difference between ABCP and CP is that instead of being an unsecured promissory
    note representing an obligation of the issuing company, ABCP is backed by ...

  • Crimson Exploration Steps Up To The Plate

    http://stocks.investopedia.com/stock-analysis/2009/Crimson-Exploration-Steps-Up-To-The-Plate-CXPO1222.aspx
    ... assets in the US The company issued 20 million shares at $5 per share, and will
    use the proceeds to pay down its credit line and an unsecured promissory note. ...

  • CFA Level 1 Study Guide - Fixed Income Investments - Other Types ...

    http://www.investopedia.com/exam-guide/cfa-level-1/fixed-income-investments/other-types-of-bonds.asp
    Sign In• Register• Free Annual Reports • Free Newsletters. Dictionary;
    Investing; Markets; Personal Finance; Active Trading; Forex; ...

  • 5 Unusual IRA Investments Options - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/5-Unusual-IRA-Investments-Options.aspx
    ... Once the note was paid off, it would be considered satisfied and no ... Promissory notes
    can be secured (or backed by collateral) or unsecured, depending on the ...

  • How To Establish A Credit History

    http://www.investopedia.com/articles/pf/08/establish-credit-history.asp
    ... Once you've established a good track record, you should be able to get an ordinary,
    unsecured credit card. Note that while many debit cards have credit card ...

  • Lending Clubs: Better Than Banks?

    http://www.investopedia.com/articles/pf/09/lending-clubs.asp
    ... The site facilitates the selling of loans in the form of notes called a Member Payment
    Dependant Note issued by the Lending Club. The unsecured notes are ...

  • Retail Notes: A Simpler Alternative To Bond Funds

    http://www.investopedia.com/articles/bonds/05/retailnote.asp
    ... They are fixed-rate subordinated, unsecured obligations of the issuing company ... Therefore,
    just in case the note is worth less than par value when you die, your ...

  • Trust In Jim Rogers

    http://stocks.investopedia.com/stock-analysis/2009/I-like-Jim-Rogers-But-Im-Just-Not-Buying-His-Funds-RJA-RJZ-RJN-RJI-GSG-DBC0511.aspx
    ... The problem isn't with the index, but with the note sponsors ... Act of 1933, and the
    major difference is that ETNs are really nothing more than unsecured debts - a ...

  • 5 Basic Things To Know About Bonds

    http://www.investopedia.com/articles/bonds/08/bond-market-basics.asp
    ... Unsecured bonds are called debentures; their interest payments and return of principal
    are ... It is important to note that the nominal yield does not estimate ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links