Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 0 of 3
Bonds that are unsecured obligations of the companies are called ______.
B. debentures
C. bearers
A. indentures
B. debentures
C. bearers
User Contributed Comments 7
| User | Comment |
|---|---|
| chenyx | debentures are unsecured obligations of the company. |
| shawnryu | indentures is just contract notes regardless of whether secured or not |
| studyprep | example: debentures (bonds) that are not secured by the assets of a firm. |
| woori | do not confuse with indentures |
| nholm | or dentures for that matter... |
| johntan1979 | LOL there is a reason why bonds are for people nearing retirement |
| reccy | Per cfa: debentures "can be secured or unsecured. In many jurisdictions, debentures are unsecured bonds, with no collateral backing assigned to the bondholders. In contrast, bonds known as â |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
describe methods for measuring and modifying risk exposures and factors to consider in choosing among the methods
CFA® 2025 Level I Curriculum, Volume 6, Module 6.