1. An unsecured bond issued by a civil or governmental corporation or agency and guaranteed only by the credit standing of the issuer.

2. Debenture bond. An unsecured bond is called a debenture bond; its value rest upon the general credit of the corporation.

3. An unsecured bond called a bond; its value rest upon the general credit of the corporation.

4. An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt.

5. The speed of the reorganization could hinge in large part on whether GM and the Obama auto task force win over thousands of unsecured bond holders.