Bonds payable issued with collateral are called:

Name: Bonds payable issued with collateral are called:
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Secured bonds are those that are issued with collateral, meaning that specific assets are pledged to guarantee the repayment of the bonds. This makes them more secure for the bondholders, as they have a claim on the assets if the issuer defaults. Debenture bonds are unsecured, serial bonds refer to a staggered repayment schedule, and term bonds are those that mature on a single date.

Bonds Payable Issued with Collateral Are Called