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	<title>Unsecured creditor - Revision history</title>
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	<updated>2026-05-15T13:20:35Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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	<entry>
		<id>https://wiki-dev.treasurers.org/w/index.php?title=Unsecured_creditor&amp;diff=49813&amp;oldid=prev</id>
		<title>imported&gt;Doug Williamson: Create page. Sources: linked pages.</title>
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		<updated>2021-06-02T13:21:36Z</updated>

		<summary type="html">&lt;p&gt;Create page. Sources: linked pages.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;''Liquidation - order of claims - waterfall.''&lt;br /&gt;
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The concept of an unsecured creditor is important in a liquidation, or any potential liquidation or other situation of financial distress or risk of insolvency.&lt;br /&gt;
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Unsecured creditors have no special rights.&lt;br /&gt;
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For this reason they rank lower than other classes of creditors including secured creditors and preferential creditors.&lt;br /&gt;
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Examples of unsecured creditors would typically include most suppliers, contractors and customers.&lt;br /&gt;
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Unsecured creditors are at relatively greater risk of losses.&lt;br /&gt;
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== See also ==&lt;br /&gt;
* [[Charge]]&lt;br /&gt;
* [[Collateral]]&lt;br /&gt;
* [[Controls]]&lt;br /&gt;
* [[Credit enhancement]]&lt;br /&gt;
* [[Dividend]]&lt;br /&gt;
* [[Fixed charge]]&lt;br /&gt;
* [[Floating charge]]&lt;br /&gt;
* [[Insolvency]]&lt;br /&gt;
* [[Liquidation]]&lt;br /&gt;
* [[Mortgage ]]&lt;br /&gt;
* [[Negative pledge]]&lt;br /&gt;
* [[Safekeeping]]&lt;br /&gt;
* [[Secured]]&lt;br /&gt;
* [[Secured creditor]]&lt;br /&gt;
* [[Secured debt]]&lt;br /&gt;
* [[Securitisation]]&lt;br /&gt;
* [[Security]]&lt;br /&gt;
* [[Unsecured]]&lt;br /&gt;
* [[Unsecured debt]]&lt;br /&gt;
* [[Waterfall]]&lt;br /&gt;
&lt;br /&gt;
[[Category:Accounting,_tax_and_regulation]]&lt;br /&gt;
[[Category:The_business_context]]&lt;br /&gt;
[[Category:Corporate_finance]]&lt;br /&gt;
[[Category:Intercompany_funding]]&lt;br /&gt;
[[Category:Investment]]&lt;br /&gt;
[[Category:Long_term_funding]]&lt;br /&gt;
[[Category:Identify_and_assess_risks]]&lt;br /&gt;
[[Category:Manage_risks]]&lt;br /&gt;
[[Category:Risk_frameworks]]&lt;br /&gt;
[[Category:Risk_reporting]]&lt;br /&gt;
[[Category:Cash_management]]&lt;br /&gt;
[[Category:Financial_products_and_markets]]&lt;br /&gt;
[[Category:Liquidity_management]]&lt;/div&gt;</summary>
		<author><name>imported&gt;Doug Williamson</name></author>
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