Another term commonly used where a bond is involved is:
A)A negotiable instrument
B)A debenture
C)A personal property security
D)A loan
E)A share

Question

Quizplus · Accepted Answer

The term commonly used where a bond is involved is a debenture. A debenture is a type of bond or debt instrument that is not secured by physical assets or collateral. Instead, investors rely on the creditworthiness and reputation of the issuer to repay the principal and interest on the debenture.

Another Term Commonly Used Where a Bond Is Involved Is