Unsecured Creditors

Business, Legal & Accounting Glossary

Definition: Unsecured Creditors

Quick Summary of Unsecured Creditors

Those who have no claim against particular assets when a company is wound up, but must take their turn for any share of what remains.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Unsecured Creditors. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 08, 2020 https://payrollheaven.com/define/unsecured-creditors/.
Chicago Manual of Style (CMS):
Unsecured Creditors. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/unsecured-creditors/ (accessed: July 08, 2020).
American Psychological Association (APA):
Unsecured Creditors. PayrollHeaven.com. Retrieved July 08, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/unsecured-creditors/

Definition Sources

Definitions for Unsecured Creditors are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December, 2018 | 3 Views.