unsecured bond


Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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
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
secured bond - a bond that is back by collateral
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Covington was given a $5,000 unsecured bond and a Feb.
USD500 million 3.0% senior unsecured bond due 2022 affirmed at 'A+'
The senior unsecured bond ratings and senior unsecured shelf ratings have also been downgraded to Ba3 and (P)Ba3 respectively, said the statement from Moodys.
The award was given by the editorial board of Airfinance Journal (AFJ) and recognizes the company's efforts in right-sizing its balance sheet, enhancing its liquidity and culminating in the USD 500 million unsecured bond issue.
Summary: Moody's affirmed the Government of Egypt's long-term issuer and senior unsecured bond ratings at Ee"B3Ee".
It cited Sovran Self Storage REIT, which reopened the public unsecured bond market for inaugural issuers in June, placing $600 million of 10-year notes at Treasury plus 195 basis points.
The new investment grade facility currently bears interest at 150 basis points over LIBOR, which is based on the unsecured bond rating of Reckson Operating Partnership, L.P.
A ZAR525m 9.5 percent fixed rate senior unsecured bond, which has a redemption date of September 29, 2014, was issued at a credit spread of 230 bps above the benchmark R201.
NORDIC BUSINESS REPORT-May 21, 2019-Victoria Park notifies bondholders of voluntary total redemption of outstanding senior unsecured bond loan
M2 EQUITYBITES-March 5, 2019-Coor plans investigation of prerequisites for issuing a senior unsecured bond of about SEK1,000m
Global Banking News-March 5, 2019-Coor plans investigation of prerequisites for issuing a senior unsecured bond of about SEK1,000m
Summary: Moody's Investors Service has downgraded the government of Turkey's long-term issuer and senior unsecured bond ratings to Ba1, from Baa3, and assigned a stable outlook.