What is another word for secured bond?
Pronunciation: [sɪkjˈʊ͡əd bˈɒnd] (IPA) 
The term "secured bond" refers to a type of bond that is backed by collateral. This collateral serves as a form of security for the bondholders, ensuring that they will be repaid in the event that the issuer defaults on their payments. There are several synonyms for the term "secured bond" that can be used interchangeably in financial contexts. These include "asset-backed bond," "mortgage bond," "secured debt," "guaranteed bond," and "collateralized bond." Regardless of the specific term used, the underlying concept remains the same: investors are protected by the presence of collateral, increasing the safety and reliability of the investment.
