Understanding the meaning of unsecured bond - BoostVocab

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unsecured bond

/,ənsɪ'kjʊrd_bɑnd/

Synonyms of unsecured bond Antonyms of unsecured bond Examples of unsecured bond Usage of unsecured bond Parts of unsecured bond Definition that contains unsecured bond Words sounding like unsecured bond Explanation of unsecured bond

noun
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
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Similar:

debenture debenture bond

Opposite:

secured bond

type of:
bond bond certificate

Explanation of unsecured bond

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