Secured Bond (Noun)
Meaning
A bond that is back by collateral.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company issued a secured bond to raise capital for its new project, using its existing assets as collateral.
- The investor purchased a secured bond from the corporation, which was backed by a mortgage on the company's headquarters.
- The secured bond was collateralized by a portfolio of high-quality stocks and bonds, making it a low-risk investment.
- The government agency issued a secured bond to finance its infrastructure projects, with the bond being backed by a guarantee from the national treasury.
- The secured bond was secured by a first lien on the company's real estate holdings, providing an added layer of protection for investors.