Terms Beginning With 'u'

Unsecured Loan

An unsecured loan, also called a signature loan, refers to a loan that is granted and validated solely relying on the debtor's creditworthiness, instead of any sort of collateral such as the use of a property or other assets.

An eavesdropping attack or snooping attack is defined as an intrusion to steal the information transmitted over a network by various devices such as smartphones, computers or any device, which transmit over a network via taking advantage of unsecured network communications. ?

High Leveraged Transaction is defined as a bank loan given to a company which is already in huge debt.

Margin is the borrowed money, used to buy an investment, from a brokerage firm and is the difference between the total value of securities held in the loan amount from the broker and an investor's account.

A margin account is also known as brokerage account or loan account, in which the customers can borrow money from brokers in cash to buy stocks or any other financial products. A margin account is only appropriate for a sophisticated investor, as the investor has the potential to lose more money than the deposited funds in the account.

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