HomeDefinitionsCompareDebt Secured bondThe financial definition for Secured bond:A bond backed by the pledge of collateral, a mortgage, or other lien, as opposed to an unsecured bond, called a debenture . Similar MatchesSecured debtSecured debtDebt that has first claim on specified assets in the event of default. Unsecured debtUnsecured debtDebt that does not identify specific assets that the debtholder is entitled to in case of default. Writing cash secured putsWriting cash secured putsAn option strategy to avoid using a margin account. Instead of depositing margin with a broker, a put writer can deposit a cash balance equal to the option exercise price, and can avoid additional margin calls. Click to compare definitions of Secured bond Click to view definitions beginning se |