The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
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Unsubstantiated
/ʌnsəbˈstanʃɪeɪtɪd/ (adj.)

A bullshit artist’s tell. Something inconvenient or embarrassing that happened, but for which there is currently no proof or credible supporting or evidence.

To be contrasted something that did not happen, which may comfortably described as “false”.[1] Substantiation is thus a second-order property of a fact: something that, in the eyes of the outside world, falls, in Rumsfeld’s taxonomy, between a “known known” and an “unknown known” — call it a “[[suspected known][” —but to the person making the statement, is squarely in the latter category.

See also

  1. We owe this observation to, among others, David Allen Green.