unsecured bond

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Definitions from WordNet

Noun unsecured bond has 1 sense

unsecured bond, debenture, debenture bond - a bond that is backed by the credit of the issuer but not by any specific collateral
--₁ is a kind of bond, bond certificate
Antonyms: secured bond

Definitions from the Web

Unsecured Bond

Part of speech: Noun

Sense: In finance, an unsecured bond refers to a type of bond that is not backed by any specific collateral.

Usage:

The company issued unsecured bonds to raise capital for expansion.
Investors consider unsecured bonds riskier than secured bonds.

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