secured bond

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Noun1.secured bond - a bond that is back by collateral
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
debenture, debenture bond, unsecured bond - the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Each Convertible Debenture Unit is comprised of one 8% per annum convertible secured debenture in the principal amount of $1,000 with a maturity of three years from the date of issuance (a "Convertible Debenture") and 125 share purchase warrants of Finco ("Finco Warrants").
We anticipate the principal amount of the company's secured debenture at year end will be approximately $7.8 million, with $14 million of remaining non-mining asset sales to be completed in 2019."
EMP will amend its existing USD2.363m secured debenture (debt) and issue shares for the settlement of USD762,500 of principal and USD258,680 of accrued interest.
Lonestar West Inc (TSX VENTURE: LSI) has announced that it has completed a subordinate secured debenture financing.
In a separate announcement, Visiphor said it has completed an additional private placement to Quorum Secured Equity Trust of an 8% convertible secured debenture in the principal amount of USD100,000 maturing on 15 December, 2009, convertible at the price of USD0.25 per common share.
The parent company will receive the same deal as other secured debenture holders for its holdings of secured debentures of New Algoma.
JGB filed the litigation in connection with a senior secured debenture entered into by SELLAS' predecessor company, Galena BioPharma, Inc., prior to Galena's reverse merger with SELLAS on December 29, 2017.
The deal is valued at USD100 and will cause Day4 ecoTec to issue a secured debenture to Day4 in the principal amount of EUR4.5m, which represents net amounts advanced by Day4 to Day4 ecoTec and the amount that the two parties have agreed on the closing date.
We expect the company to continue facing high liquidity pressure in the next 12-18 months due to substantial debt maturities falling due starting 26 May 2018, when the first LKR250 million principal repayment of its LKR1 billion secured debenture falls due.
Concurrent to the announcement of the Silver Stream Transaction, Falco is also announcing that Osisko shall purchase from Falco a secured debenture having a principal amount of $7M.