Secured loan A loan backed with some form of collateral; property, equipment, inventory, or accounts receivable.
Secured debt Secured debt is the debt guaranteed by collateral.
Unsecured debt Unsecured debt is a debt which is not guaranteed by collateral.
Unsecured bonds Unsecured bonds, also called debenture bonds, are issued against the general credit of the borrower. Companies with good credit ratings use these bonds extensively.
Secured Bonds A Secured Bond compels the issuer to guarantee certain property as collateral, in the case of insolvency. Corporations and organizations that are less likely to actually pay...
Secured and Unsecured loan Loan/Advance may be secure or unsecured.Secured loans are those loans that are protected by an asset or collateral of some sort.
Definition
[ imp. & p. p.]