A bond in which the issuer (often a holding company) grants investors a lien on stocks, notes, bonds, or other financial asset as security. A collateral trust bond is thus backed by other securities, which may be controlled by the issuer and deposited with a trustee. In the last analysis, collateral trust bonds are as secure as the creditworthiness of the issuer and the real market value of the deposited securities.

Is a security issued by a corporation and is secured by other securities. This bond compares to Mortgage Backed Securities which are secured by real property or unsecured bonds. Depending on the underlying collateral and the terms of the issue, these bonds can offer somewhat better financing rates to the issuer.

A corporate bond which is secured by securities deposited as collateral by the issuing corporation.