Reference Entry

unsecured loan stock

Edited by Jonathan Law

in A Dictionary of Accounting

Fifth edition

Published in print July 2016 | ISBN: 9780198743514
Published online November 2016 | e-ISBN: 9780191803147
unsecured loan stock

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A loan stock or *debenture in which no specific assets have been set aside as a fund out of which the holders could be paid in priority to other creditors in the event of non-payment....

Reference Entry.  44 words. 

Subjects: Accounting

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