Use 'collective bargaining' in a Sentence Thanks to the collective bargaining within the company, we can now receive discounts on our medical coverage and pay for sick days. 25 people found this helpful Due to the process of collective bargaining, the productivity of our factory has increased by a substantial margin since the beginning of the contract. 14 people found this helpful Much of modern labor would be changed for the worse if history hadn't had people organize their labor through collective bargaining.
Unsecured Debt. In contrast, unsecured debt is debt that is not secured by collateral, such as credit card debt, medical bills, or lawsuit judgments against you. Unsecured creditors cannot take any property to satisfy their debts.
An unsecured promissory note is a legal document, or bank note, that is signed along with a loan. It states that the borrower is promising to repay the loan to the lender, as specified by the terms detailed in the loan documents and usually repeated briefly in the promissory note itself.n unsecured promissory note indicates a borrower's intention to repay a loan to the lender as detailed in the promissory note itself.