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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Unsecured loan

Regulation & tax

Borrowing with no asset charged to the lender — a personal loan, a credit card outstanding or a consumer durable loan.

In plain terms

There is nothing to seize, so the lawful remedies are slow and expensive relative to the balance. The rate you were charged at the outset already priced that weakness.

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Indian stock market glossary · Market Vidyalaya