Unsecured Bond
From Open Risk Manual
Definition
Unsecured Bond. Bond that is only secured by the bond issuer's good credit standing
Most unsecured bonds pose limited risk of default, as the organizations that issue them are typically financially sound.
Synonyms
- Debenture
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Unsecured Bond"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/index-en.html + |
