Bonds can be secured or unsecured. likewise, bonds can be term or serial bonds. which is more common? unsecured and term. secured and term. secured and serial. unsecured and serial.
Bonds can be secured or unsecured. Likewise, bonds can be term or serial bonds. Which is more common? Unsecured and term. Bonds that are unsecured are not secured by a specific asset but by full faith that the bond debt will be paid back.
