An unsecured bond is called a

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An unsecured bond that is not backed by any collateral is called a debenture bond. This type of bond relies solely on the creditworthiness and reputation of the issuer to attract investors. Mortgage bonds are backed by specific assets, such as property or equipment. Registered bonds are typically not tied to collateral, but refer instead to whether the bond is issued in the name of the holder or stored electronically. Serial bonds are bonds that are issued with staggered maturity dates.

An Unsecured Bond Is Called a