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.

是一种未经担保的债券，它的持有人对发行人未抵押给其它债务的所有财产具有一般债权人的要求权。

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Because of symmetrical information access, a creditor as bond investor naturally has interest conflicts with a shareholder or manager as debtor.

由于信息的非对称，作为债券投资者的债权人与作为负债方的股东或经理就必然存在利益冲突。

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Additionally, Lehmann has served on numerous creditor and bondholder committees and is a recognized authority on bond defaults.

FORBES: Next Week's Guest: Richard Lehmann