________ is secured by real estate.

Question

Quizplus · Accepted Answer

A mortgage bond is secured by real estate, and the bondholders have a claim (lien) on the property in case the borrower defaults. An income bond (A) is a type of bond that pays interest only if the issuer has sufficient earnings, while a debenture (B) is a type of bond that is not secured by any specific asset or collateral. A subordinated debenture (D) is a type of bond that has a lower priority in the payment of interest and principal than other senior debts in case of default.

________ Is Secured by Real Estate