Unsecured Bonds Are Called

question 48

Multiple Choice

Unsecured bonds are called

• A) junk bonds.
• B) debentures.
• C) indentures.
• D) subordinated debentures.
• E) either debentures or subordinated debentures. Debentures are unsecured bonds.

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Definitions:

U.S. Products

Goods and services that are produced, manufactured, or assembled within the United States.

Long-term Capital Inflows

The movement of capital into a country over an extended period, often used for investment in major projects or to boost foreign reserves.

Foreign Travel

The act of traveling outside of one's home country for leisure, business, or other purposes.

U.S. Dollars

The official currency of the United States, also widely used as a global reserve currency.