Define: Unsecured Loan Stock

UK Accounting Glossary

Definition: Unsecured Loan Stock


Quick Summary of Unsecured Loan Stock


A loan stock or debenture in which no specific assets have been set aside as a fund out of which the holders could be paid in priority to other creditors in the event of non-payment.



What is the dictionary definition of Unsecured Loan Stock?

Dictionary Definition


A Unsecured Loan Stock (ULS) (also known as a Unsecured Debenture) is a loan stock or debenture in which no specific assets have been set aside as a fund out of which the holders could be paid in priority to other creditors in the event of non-payment.


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Full Definition of Unsecured Loan Stock



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Unsecured Loan Stock FAQ's



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
https://payrollheaven.com/define/unsecured-loan-stock/
Modern Language Association (MLA):
Unsecured Loan Stock. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 17, 2019 https://payrollheaven.com/define/unsecured-loan-stock/.
Chicago Manual of Style (CMS):
Unsecured Loan Stock. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/unsecured-loan-stock/ (accessed: September 17, 2019).
American Psychological Association (APA):
Unsecured Loan Stock. PayrollHeaven.com. Retrieved September 17, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/unsecured-loan-stock/

Definition Sources


Definitions for Unsecured Loan Stock are sourced/syndicated from:


This glossary post was last updated: 5th May 2019.