The unsecured debts of a ﬁrm with maturities greater than 10 years are most literally called:

Name: The unsecured debts of a ﬁrm with maturities greater than 10 years are most literally called:
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Debentures are unsecured bonds with maturities greater than 10 years. Unfunded liabilities refer to obligations that a company has but has not yet set aside sufficient funds for, sinking funds are special accounts set up to pay off debt, and notes are typically shorter-term debt securities.

The Unsecured Debts of a ﬁRm with Maturities Greater Than