FINANCE|financial institutions and credit
- banna urraithe Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- secured bond | pledged bond
- en
- Definition type of bond backed by assets or other collateral, which would be turned over to the lender or bondholders in the event of default, or if scheduled payments are not made Reference "COM-EN based on: Financial Times Lexicon. Definition of secured bond, http://lexicon.ft.com/Term?term=secured-bond [14.1.2014]"
- Comment "Because of the pledge of an asset, secured bonds are seen as less risky than unsecured bonds, and they generally provide lower returns than unsecured bonds. Securing a bond with the pledge of an asset is also a way for the bond issuer to lower its interest payments. This means that secured bonds provide investors with a lower return than unsecured bonds because even in the event of default, investors will be compensated at least somewhat for their investment. Some types of secured bonds are mortgage bonds and equipment trust certificates. INVESTOPEDIA. Definition of 'Secured Bond', http://www.investopedia.com/terms/s/securedbond.asp [14.1.2014]"
- obligation garantie | obligation gagée
- fr
- Definition obligation dont le remboursement et/ou le paiement des intérêts est garanti, soit par une hypothèque sur les biens de l'émetteur, soit par l'engagement d'une filiale ou de la société mère dudit émetteur Reference Antoine J., Dictionnaire des marchés financiers, De Boeck, Bruxelles, 2008, ISBN: 978-2-8041-5865-1