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 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
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