Meaning of uncollateralized | Babel Free
Examples
“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.”
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
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