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UNSECURED BOND

Pronunciation (US): 

 Dictionary entry overview: What does unsecured bond mean? 

UNSECURED BOND (noun)
  The noun UNSECURED BOND has 1 sense:

1. a bond that is backed by the credit of the issuer but not by any specific collateral

  Familiarity information: UNSECURED BOND used as a noun is very rare.


 Dictionary entry details 


UNSECURED BOND (noun)


Sense 1unsecured bond [BACK TO TOP]

Meaning:

A bond that is backed by the credit of the issuer but not by any specific collateral

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

debenture; debenture bond; unsecured bond

Hypernyms ("unsecured bond" is a kind of...):

bond; bond certificate (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 fixed sum annually until maturity and then a fixed sum to repay the principal)

Antonym:

secured bond (a bond that is back by collateral)


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