美国银行授予他们无担保信用证。
The Bank of America grants them unsecured letters of credit.
这就是负有臭名的无担保信用违约互换。
比方说，美国国债的风险低于无担保信用卡贷款额度(我们希望如此)。
For instance, an investment in U.S. Treasuries carries lower risk (we hope) than an unsecured credit card line.
乔治·索罗斯(George Soros)坚决主张，赞成禁止无担保信用违约互换(naked credit - default swaps)交易。
George Soros has argued in favor of a ban on naked credit-default swaps.
请不要用信用卡和无担保债务来开始你的创业之旅！
Please don't use credit CARDS or unsecured debt to start a business!
拥有信用违约互换的无担保的债权人宁愿看到违约也不想看到漫长的重组：对他们来说，保险单比房屋更值钱。
Unsecured creditors who hold CDSs might prefer default to a lengthy restructuring: to them, the insurance policy is worth more than the house.
但是，什么是(无担保)信用违约互换呢？
无担保信贷：客户没有提供立即的有价信用担保的贷款。
Open credit: credit that is allowed without immediate proof of a customer's credit worthiness.
然后去掉付加信用卡的无担保的个人贷款。
Then remove the additional credit card to pay the unsecured personal loans.
信用债券。无担保的债券称为信用债券，它的价值取决于公司的一般信用等级。
Debenture bond. An unsecured bond is called a debenture bond; its value rest upon the general credit of the corporation.
但是由于国家助学贷款属于无担保的信用贷款，贷款大学生毕业后不按约偿还问题突出。
However, student loan in real life, belonged to credit loan, has a serious problem of high breach.
所有的预订都要求有信用卡作为担保，如无担保，则不能保证此预订有效。
All reservations require a credit card to guarantee the booking. Any reservations received without this information cannot be guaranteed.
信用风险在有无担保下的迁移及贷款方式选择模型研究-中国优秀硕…
The way of loan can be cataloged into three types, credit, guarantee and note cashing according to the loan laws of our country. The third type is …
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