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SPP24 SPP24
wrote...
Posts: 454
5 years ago

A secured bond issuance is:



• Used to raise small amounts of money (less than $1,000).

• Also known as a debenture.

• The same as selling stock in the company.

• Backed with some type of asset.
Textbook 
Fundamentals of Health Care Administration

Fundamentals of Health Care Administration


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Replies
wrote...
5 years ago
Backed with some type of asset.
SPP24 Author
wrote...
5 years ago
Thank you for answering so quickly
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