CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

Bonds that are unsecured obligations of the companies are called ______.

A. indentures
B. debentures
C. bearers
Correct Answer: B

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 need to log in first to add your comment.