Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

unsecured claim

1. A claim by a creditor who does not have a lien or a right of setoff against the debtor's property. 2. A claim by a creditor who has a lien on or right of setoff against the debtor's property worth less than the amount of the debt.6. Patents. A formal statement describing the novel features of an invention and defining the scope of the patent's protection <claim no. 3 of the patent describes an electrical means for driving a metal pin>. Cf. SPECIFICATION (3).