unsecured bond | Amarkosh

Meaning of word unsecured bond from English dictionary with examples, synonyms and antonyms.

unsecured bond noun

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.

Synonyms : debenture, debenture bond

A bond that is back by collateral.

secured bond

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unsecured bond noun

Antonym meaning