What does secured bond mean?
Definitions for secured bond
se·cured bond
This dictionary definitions page includes all the possible meanings, example usage and translations of the word secured bond.
Princeton's WordNet
secured bondnoun
a bond that is back by collateral
ChatGPT
secured bond
A secured bond is a type of debt instrument backed by the issuer's specific assets or income streams as collateral. If the issuer defaults or fails to meet its obligations, the bondholders have the right to claim those underlying assets or income streams. This collateral provides an added level of assurance for the bondholders, reducing their risk and often resulting in a lower interest rate than unsecured bonds. The types of assets used as collateral can vary widely, from real estate and equipment to future revenue or even other securities.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of secured bond in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of secured bond in Pythagorean Numerology is: 2
Translations for secured bond
From our Multilingual Translation Dictionary
- ligação garantidaPortuguese
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"secured bond." Definitions.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.definitions.net/definition/secured+bond>.
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