debenture bond

• Tipo de instrumento de deuda que no está respaldado por activos físicos o garantías, sino que se basa en la solvencia y reputación del emisor; suele ser utilizado por corporaciones o gobiernos para obtener capital. También puede referirse a un bono sin garantía específica.

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.

   Bono no garantizado

   • 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.