Unsecured bonds that have legal claims inferior to other outstanding bonds are

Name: Unsecured bonds that have legal claims inferior to other outstanding bonds are
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Subordinated debentures are unsecured bonds that have a lower priority claim than other outstanding bonds in the event of bankruptcy or liquidation. Debentures, on the other hand, are unsecured bonds without any priority claim. Mortgage bonds are secured by a specific property, and discount bonds are bonds sold below their face value.

Unsecured Bonds That Have Legal Claims Inferior to Other Outstanding