Unsecured bonds issued by a corporation are called _________.

Question

Quizplus · Accepted Answer

Unsecured bonds issued by a corporation are referred to as debentures. General obligation bonds are secured by the full faith and credit of the issuer, often a government entity. Indentures are legal agreements outlining the terms and conditions of a bond issue, and trust bonds are secured by assets held in trust. Plain vanilla bonds is a term that refers to standard bonds with no unusual features or structures.

Unsecured Bonds Issued by a Corporation Are Called _________