Definitions and Examples of unsecured, primary
Learn when and how to use these words with these examples!
Not protected by any collateral or asset.
Example
Credit card debts are usually unsecured, meaning that they are not backed by any collateral.
Main or most important; fundamental.
Example
His primary goal was to finish his degree and find a job in his field.
Key Differences: unsecured vs primary
- 1Unsecured is a term used to describe loans or debts that are not backed by any collateral, while collateral refers to assets that are pledged as security for a loan.
- 2Primary is a term used to describe the main or most important thing, while collateral refers to something given as security for a loan.
Effective Usage of unsecured, primary
- 1Finance: Use unsecured and collateral when discussing loans and debts.
- 2Prioritization: Use primary to describe the most important thing or goal.
- 3Legal: Use collateral when discussing assets pledged as security for a loan.
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Remember this!
The antonyms of collateral are unsecured and primary. Use unsecured when referring to loans or debts that are not backed by any collateral, and primary to describe the main or most important thing. Use collateral when discussing assets pledged as security for a loan.
