What are the opposite words for secured debt?
Secured debt is a type of debt that is backed by collateral, which means that if the borrower defaults on the loan, the lender can seize the collateral in order to recover the amount owed. The antonym of secured debt is unsecured debt, which is a type of debt that is not backed by collateral. When a borrower takes out an unsecured loan, they are not required to put up any assets as collateral, but the interest rates on unsecured loans are typically higher than those on secured loans. Other antonyms for secured debt might include revolving credit, credit card debt, or personal loans, which are all types of unsecured debt.
What are the antonyms for Secured debt?
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Household Equipment
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The term "Household Equipment" refers to all the equipment used domestically or in a household. Antonyms for this word could include "Outdoor gear," which denotes all the equipment...