A type of debt certificate that is typically required to offer a fixed rate of interest or annual sum until maturity. These bonds are generally either considered to be discounted or interest bearing, and are primarily issued by corporations or by the government. Unlike a secured bond, an unsecured bond is not backed by any collateral.
Related information about unsecured bond:
- unsecured bond - The Free Dictionary
Noun, 1. unsecured bond - the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future ...
- Unsecured Bond - Financial Dictionary - The Free Dictionary
A debt security, issued by a government or large company, that is not secured by an asset or lien, but rather by the all issuer's assets not otherwise secured.
- What is unsecured bond? - BusinessDictionary.com
Definition of unsecured bond: Bond issue that is backed only by the creditworthiness and reputation of the issuer, and not by any pledged asset. See also ...
- Unsecured debt - Wikipedia, the free encyclopedia
In finance, unsecured debt refers to any type of debt or general obligation that is not collateralised by a lien on specific assets of the borrower in the case of a ...
- NC Magistrates Association - I'm Under Arrest?
An unsecured bond is a promise to appear in court when necessary and to comply with any set conditions. If you should fail to appear in court or violate any of ...
- Secured and Unsecured Bonds
An unsecured bond, also referred to as a debenture, is not backed by an ... An unsecured bond is only backed by the full faith and credit of the issuing institution .
- What is unsecured bond? definition and meaning - InvestorWords.com
Definition of unsecured bond: A type of debt certificate that is typically required to offer a fixed rate of interest or annual sum until maturity. These bonds are ...
- unsecured bond - Dictionary Definition : Vocabulary.com
a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a ...