Debentures are long-term unsecured bonds that are backed only by the general creditworthiness of the issuer.

Name: Debentures are long-term unsecured bonds that are backed only by the general creditworthiness of the issuer.
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Debentures are indeed long-term unsecured bonds, which means they are not backed by any specific collateral or assets. The issuer's creditworthiness and ability to pay back the debt is the only source of security for the debenture holders.

Debentures Are Long-Term Unsecured Bonds That Are Backed Only by the General