Unsecured bonds are called ____________.
A)junk bonds
B)debentures
C)indentures
D)subordinated debentures
E)either B or D

Name: Unsecured bonds are called ____________. A)junk bonds B)debentures C)indentures D)subordinated debentures E)either B or D
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Question

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Unsecured bonds are typically referred to as debentures, and subordinated debentures are a type of unsecured bond that ranks below other debts in case of liquidation.

Unsecured Bonds Are Called ____________