That rate is not unheard of in political campaigns, but it is often secured by real estate or personal assets, several bankers and bank analysts said.

These are more risky investments because they are not secured by specific assets.

Financial Security limits its insurance to financings that are secured by assets or the borrower's promise to repay.

Normally, only unsecured debts not secured by real assets like homes or autos can be settled.

The American affiliate owes Qintex Australia $38.1 million in loans that are not secured by specific assets.

Another, more obscure, provision of the bill would affect certain loans that are secured by assets.

"Debenture" is a debt instrument not secured by physical collateral or assets.

But corporations have been much less able to issue debt that is not secured by assets.

Such bonds usually cost about 10 percent of the face amount and might be secured by assets like the value of the shares to the apartment.

Holders of equity, however, are not so lucky, since their shares are not secured by assets.