A corporate bond secured over some of the assets of the company is called a:

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Multiple Choice

A corporate bond secured over some of the assets of the company is called a:

Explanation:
Secured corporate borrowing is typically called a debenture. A debenture is a debt instrument issued by a company, and when it is secured, the lender has a charge over some of the company’s assets to back repayment. This security distinguishes it from unsecured corporate bonds and from government bonds. In this context, a gilt or treasury would be government bonds, not corporate, and a coupon is just the interest payment. So a corporate bond secured over assets is best described as a debenture.

Secured corporate borrowing is typically called a debenture. A debenture is a debt instrument issued by a company, and when it is secured, the lender has a charge over some of the company’s assets to back repayment. This security distinguishes it from unsecured corporate bonds and from government bonds. In this context, a gilt or treasury would be government bonds, not corporate, and a coupon is just the interest payment. So a corporate bond secured over assets is best described as a debenture.

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