Definitions
There is 1 meaning of the phrase
Unsecured Bond.
Unsecured Bond - as a noun
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
Synonyms (Exact Relations)
debenturedebenture bondAntonyms (Opposite Meaning)
secured bondExample Sentences
"The defendant was released on an unsecured bond, pending trial."
"The judge set an unsecured bond of $10,000 for the accused."
"The suspect was able to secure an unsecured bond through a bail bondsman."
"The court mandated that the accused post an unsecured bond as a condition of release."
"The defendant's lawyer argued for an unsecured bond due to their clean criminal record."
