debenture bond

• Тип долгового инструмента, который не обеспечен физическими активами или залогом, а полагается на кредитоспособность и репутацию эмитента, обычно используется корпорациями или правительствами для привлечения капитала.

A type of debt instrument that is not secured by physical assets or collateral, relying instead on the creditworthiness and reputation of the issuer, typically used by corporations or governments to raise capital.

1. Unsecured debt instrumentC1formal

   A type of bond that is not backed by physical assets or collateral, relying instead on the creditworthiness and reputation of the issuer.

   Необеспеченная долговая ценная бумага

   • The company issued debenture bonds to raise capital for expansion.
   • Investors considered the debenture bond a safe investment due to the firm's strong credit rating.
   • Unlike secured bonds, a debenture bond offers no claim on specific assets if the issuer defaults.