English Dictionary |
UNSECURED BOND
Pronunciation (US): | (GB): |
IPA (US): |
Dictionary entry overview: What does unsecured bond mean?
• UNSECURED BOND (noun)
The noun UNSECURED BOND has 1 sense:
1. the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
Familiarity information: UNSECURED BOND used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
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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