The term used for bonds that are unsecured as to principal is:

a. junk bonds.

b. debenture bonds.

c. indebenture bonds.

d. callable bonds.

Question

Business

Brock Benitez

5 May, 20:31

The term used for bonds that are unsecured as to principal is:

a. junk bonds.

b. debenture bonds.

c. indebenture bonds.

d. callable bonds.

+3

Answers (1)

Know the Answer?

Bernard Nielsen · Answer 1

Answer: b. debenture bonds.

Explanation:

A debenture bond is a debt instrument that is unsecured by a collateral or asset. They are issued by companies to raise capital.

A callable bond is a bond that can be redeemed before its maturity date.

A junk bond is a very risky bond with low credit ratings but pay a higher yield when compared to better rated bonds.

Indebenture bond is a legal document that describes the features and terms of a bond.

The term used for bonds that are unsecured as to principal is:a. junk bonds.b. debenture bonds.c. indebenture bonds.d. callable bonds.

The term used for bonds that are unsecured as to principal is:

a. junk bonds.

b. debenture bonds.

c. indebenture bonds.

d. callable bonds.