A corporate bond backed only by a company's promise to pay is called a

Question

asked Jan 24, 2018 40.2k views

1 Answer

James Allen · Answer 1 · 2018-01-31T05:24:23+0000

A corporate bond backed only by a company's promise to pay is called a debenture bond. There is no collateral offered and the parties are acting on faith and predictions in this transaction.

A corporate bond backed only by a company's promise to pay is called a

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions