Glossary entry

español term or phrase:

Primera línea internacional sin garantía

inglés translation:

unsecured

Added to glossary by lorenab23
Feb 13, 2018 04:03
6 yrs ago
2 viewers *
español term

Primera línea internacional sin garantía

español al inglés Negocios/Finanzas Finanzas (general)
Financial results of a company that allocates credits

Sin garantía = without securities?
Proposed translations (inglés)
3 +2 unsecured
Change log

Jul 11, 2018 00:24: lorenab23 Created KOG entry

Proposed translations

+2
13 minutos
español term (edited): sin garantía
Selected

unsecured

Línea de crédito con garantía y sin garantía
Una línea de crédito sin garantía no está respaldada por ningún tipo de activo, con la aprobación basada sólo en la puntuación de crédito, la historia y las deudas existentes del potencial prestatario. Las tasas de interés en una LOC sin garantía suelen ser superiores a las de una LOC con garantía.
https://lisilizardo.wordpress.com/2015/06/15/la-diferencia-e...

Secured Lines of Credit
When a line of credit (or any loan) is secured, it means that the credit grantor has established a lien against an asset that belongs to the borrower. This asset becomes collateral, and it can be seized or liquidated by the lender in the event of default
[...]

Unsecured Line of Credit
In an unsecured line of credit, there is no asset acting as collateral against the lent funds. None of the borrower's major assets are subject to seizure upon default. So the lending institution is assuming a much larger risk.


Read more: What's the difference between a secured line of credit and an unsecured line of credit? | Investopedia https://www.investopedia.com/ask/answers/110614/whats-differ...
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Peer comment(s):

agree Andy Watkinson
9 horas
Thank you Andy, saludos!
agree Francois Boye
17 horas
Thank you Francois.
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4 KudoZ points awarded for this answer. Comment: "Muchas gracias"

Reference comments

9 horas
Reference:

primer linea sin garantia

I didn't quite understand what you meant by 'allocates credit'? Is this an bank or loan company offering international credit? The other question is about where this phrase occurs: is it a line item or part of the commentary on the financials?
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