An unsecured bond is the same as a
A) debenture bond.
B) zero coupon bond.
C) term bond.
D) bond indenture.

Name: An unsecured bond is the same as a A) debenture bond. B) zero coupon bond. C) term bond. D) bond indenture.
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Question

Quizplus · Accepted Answer

An unsecured bond is also known as a debenture bond, meaning it is not backed by any collateral. The bond is merely a promise to repay the borrowed funds with interest. The other options are different types of bonds, but they are not the same as unsecured bonds.

An Unsecured Bond Is the Same as a