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Unsecured bond
/ˌənsɪkjˈʊrd
bɑnd/
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Unsecured bond
noun
1.
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
Synonyms:
debenture
,
debenture bond
.
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Antonyms of 'Unsecured bond'
Etymology of 'Unsecured bond'
WordNet 3.0 © 2010 Princeton University
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