Examlex
To date,research suggests that:
Unsecured
Refers to loans or bonds that are not protected by collateral, making them riskier investments.
Issuing Firm
A company or entity that offers securities for sale to the public or private investors, often to raise capital.
Bond Market
A financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market, primarily in the form of bonds.
Capital
Financial assets or the financial value of assets, such as cash, that can be used by a company to fund its operations and investments.
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