What is the meaning of unsecured bond?

noun

  • The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). unsecured bond. Retrieved September 21, 2026, from http://smartdefine.org/unsecured_bond/definitions/1242889
ChicagoWordNet. 2010. "unsecured bond" http://smartdefine.org/unsecured_bond/definitions/1242889 (accessed September 21, 2026).
HarvardWordNet 2010, unsecured bond, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/unsecured_bond/definitions/1242889>.
MLAWordNet. "unsecured bond" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/unsecured_bond/definitions/1242889>
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