Secured passwords may be encrypted, unsecured ones may not.
The first one is unsecured, the second one secured.
An unsecured bond is not backed by collateral, while a secured bond is backed by specific assets that can be claimed by the bondholder if the issuer defaults.
Secured lending differs from unsecured lendings in a number of a ways, although there is one big difference between them. A secured lending is such named before the lendee puts up collateral against the debt to the bank. An unsecured lending has no collateral.
The difference between an unsecured loan and a secured loan is very big if for some reason bankruptcy is declared or the loan cannot pay repaid. Secured means that the buyer still needs to repay and unsecured mean he doesn't if bankruptcy is declared.
A secured bond is backed by collateral, such as assets or property, while an unsecured bond is not backed by any collateral. This means that if the issuer of a secured bond fails to pay back the bond, the collateral can be used to repay the bondholders, whereas with an unsecured bond, there is no specific collateral to guarantee repayment.
Secured bonds are backed by specific assets, providing investors with collateral in case of default. Unsecured bonds, on the other hand, do not have specific assets backing them, relying solely on the issuer's creditworthiness.
Secured loans are backed by an asset, to be collateral in case the borrower defaults on the loan. An unsecured loan does not have this and usually costs more and has a higher risk to the bank.
Secured bonds are those bonds on behalf of which company has pledged some kind of assets security in bank for refund of bonds while unsecured bonds are reverse of secured bonds which means these bonds don't have the security of any assets for refund.
A secured debt - is protected by being tied to something valuable (jewellery, car, house etc). If you default on the repayments, you could lose the item the debt is secured on ! An unsecured debt is not tied to any physical property. If you default on an unsecured debt, they will usually take you to court and have the debt recovered from your wages.
A secured bond requires collateral to be pledged to cover the bond amount if the defendant fails to appear in court. An unsecured bond does not require collateral, but the defendant may owe the full amount if they do not appear in court as required.
Secured and unsecured are the two main types of loans. Secured loans require the borrower to give some form of security to the lender, like a home or car. Unsecured loans do not require any kind of collateral.
A secured loan is where there is a physical item that can be claimed if the loan is not paid - a house, a car, jewelry, etc. An unsecured loan is where there is nothing for a bank to take to get its money back if you default, such as education loans, credit cards and similar loans.