Secured Bond
/ˈsɪkjʊrd bɒnd/
Definitions
- (n.) A debt security backed by collateral to reduce the risk to investors.
The company issued a secured bond to finance its expansion, pledging property as collateral.
Forms
- secured bond
- secured bonds
Related terms
See also
Commentary
Secured bonds typically have lower interest rates than unsecured bonds due to the collateral backing, making them a safer investment option.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.