© 2015 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Secured Bond


A secured bond is just a bond that has a specific element on a company's balance sheet that guarantees that should things go awry, that bond will be paid by liquidating that asset. The asset "secures" payment of the principal and back interest of that bond.