What does uncollateralized mean?
Uncollateralized means Not collateralized..
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Pronunciation varies by accent · adjective
Not collateralized..
Today, a bank can borrow dollars on an uncollateralized basis for a month in the interbank market for about 0.30 percent, which is more attractive than a Fed loan requiring full collateral, even if it is slightly cheaper.
The bank [Bank of Japan] kept its policy rate, an uncollateralized overnight call rate, at 0.5% the same day.
Use uncollateralized when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Uncollateralized means Not collateralized..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
Today, a bank can borrow dollars on an uncollateralized basis for a month in the interbank market for about 0.30 percent, which is more attractive than a Fed loan requiring full collateral, even if it is slightly cheaper.
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