Which one of the following terms denotes for certain that a bond is unsecured?

Question

Quizplus · Accepted Answer

A debenture is a bond that is not secured by any specific asset and is backed only by the general creditworthiness of the issuer. Other bonds may have additional features such as call provisions or sinking funds, but this does not necessarily mean they are unsecured. Bearer form and blanket mortgage refer to the way the bond is issued or secured, but do not determine whether it is unsecured or not.

Which One of the Following Terms Denotes for Certain That