Meaning of uncollateralized | Babel Free

Definitions

Not collateralized.

not-comparable

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