unsecured bond

English - English

Definition of unsecured bond in English English dictionary

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

Related Terms

Unsecured bonds

debentures

Hyphenation

un·se·cured bond

Turkish pronunciation

ʌnsikyûrd bänd

Pronunciation

/ˌənsēˈkyo͝ord ˈbänd/ /ˌʌnsiːˈkjʊrd ˈbɑːnd/