UNSECURED is obligation backed not by collateral but only by the integrity of the borrower. Opposite of secured.
EXCESS EARNINGS is that amount of anticipated benefits that exceeds a fair rate of return on the value of a selected asset base (often net tangible assets) used to generate those anticipated benefits.
OTHER CURRENT ASSETS relates to any other current assets. Does not include prepaid items.
Enter a term, then click the entry you would like to view.