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Sigma KEE - SecuredBond

KB Term:

secured bond

Bond backed by collateral, such as a mortgage or lien, the title to which would be transferred to the bondholders in the event of default.

Relationships
Parents	bond	A debt instrument issued for a period of more than one year with the purpose of raising capital by borrowing. The Federal government, states, cities, corporations, and many other types of institutions sell bonds. A bond is generally a promise to repay the principal along with interest on a specified maturityDate.