Secured Bond A type of bond that is secured by the issuer's pledge of a specific asset, which is a form of collateral on the loan.
Secured bond Senior bond A bond that has a higher priority than another bond's claim to the same class of assets.
Secured bond A bond backed by the pledge of collateral, a mortgage, or other lien, as opposed to an unsecured bond, called a debenture . Secured debt Debt that has first claim on specified assets in the event of default.
Secured bonds are safer, but unsecured will result in higher payments for you.
A debenture is an unsecured bond. Most bonds issued by corporations are debentures, which are backed by their reputation rather than by any collateral, such as the company's buildings or its inventory.
Debenture bond An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt. Compare subordinated debenture bond and collateral trust bonds.
secured bond A Secured Bond is a type of bond backed by an asset from the issuer, which... secured credit card A credit card linked to a savings account. The funds contained in the account...
An unsecured bond backed solely by the general credit of a company. debit balance See credit and debit balance deleted A security is no longer included in The Nasdaq Stock Market. depositary bank ...
Secured bond Securities Industry Automation Corporation Securities Investor Protection Corporation (SIPC) Self-regulatory organization Sell at the bid price Sell puts and be covered Sell stop limit order Sellers option transaction Selling group SEP ...
A type of long-term unsecured bond (loan), taken out by a company, which it agrees to repay at a specified future date.
Debenture Term used to describe an unsecured bond or note, i.e., a general unsecured obligation of a company (can typically have long terms over 15 years).
In general, an unsecured debt, often an unsecured bond backed only by the integrity or creditworthiness of the issuer (and not by any form of collateral, such as property or inventory or some other asset).
Open End Indenture A secured bond indenture that allows collateral to be repledged for the issuance of additional bonds. See: Additional Bonds Test; Collateral; Indenture; Pledge ...
For example, a Preferred Stock is junior to a Debenture, but a debenture, being an unsecured bond, is junior to a Mortgage Bond. Common Stock is junior to all corporate securities.
As mentioned earlier, ETNs are unsecured debt issued by Barclays. As such, the investor assumes the credit risk associated with Barclays, just like an unsecured bond. This means the return on exchange traded notes is based upon two factors: ...
Debenture General debt obligation backed only by the integrity of the borrower. An unsecured bond is a debenture.
Dynegy Inc. Announces Cash Tender Offer and Consent Solicitation by Its Subsidiary, Sithe/Independence Funding Corporation, for the 9% Secured Bonds Due 2013 Publish Date: Aug 26, 2011 12:45 PM ...
General debt obligation backed only by the integrity of the borrower and documented by an agreement called an INDENTURE. An unsecured bond is a debenture. DEBT BOMB ...
In the event of a crisis, holders of debentures take a back seat to other bondholders. To compensate for the added risk, debentures usually pay higher interest than secured bonds, or offer conversion to common stock.
The convertible bond is usually a juvenile debenture (unsecured debt, backed by the integrity of the borrower and not by collateral and is recorded and documented by an agreement called a debenture. An unsecured bond is one example of a debenture.
Secured bond Secured debt Securities & Exchange Commission (SEC) Securities Act of 1933 Securities Acts Amendments of 1975 Securities and commodities exchanges Securities and Exchange Commission Rules Securities Exchange Act of 1934 ...
Subordinated debenture bond An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings.
See also: Issue, Security, Bonds, Investment, Market
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