A debenture is a type of debt instrument that is not backed by physical collateral, but rather by the general creditworthiness and reputation of the issuer.
An in-depth guide to understanding unsecured debt, a financial obligation not backed by any specific collateral. Learn about its types, implications, examples, historical context, and more.
An unsecured note is a loan that does not have any collateral attached. This comprehensive article explores the definition, mechanics, historical context, advantages, disadvantages, differences from secured notes, and real-world applications of unsecured notes.
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