unsecured bond meaning

UK US /ˌʌnsɪˈkjʊrd bɑnd/ 4 syllables

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.

Definition of unsecured bond

  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

    Opposite: secured bond

    Type of: bond

How to pronounce unsecured bond

unsecured bond is pronounced /ˌʌnsɪˈkjʊrd bɑnd/ in American English. It has 4 syllables.

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