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10 Cards in this Set
- Front
- Back
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Callable Bonds
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Bonds that give the issuer an option of retiring them at a stated amount prior to maturity.
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Carrying Value
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The net amount at which bonds are reported on the balance sheet.
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Secured Bonds
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Bonds that have specific assets of the issuer pledged as collateral.
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Annuity
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A series of equal payments at equal intervals.
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Sinking Fund Bonds
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Bonds that require the issuer to create a fund of assets at specified amounts and dates to repay the bonds at maturity
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Contract Rate
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The interest rate specified in the bond indenture
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Bond Indenture
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The contract between the bond issuer and the bondholder(s); it identifies the rights and obligations of the parties.
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Bond
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A written promise to pay an amount identified as the par value along with interest at a stated rate.
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Debt-to-equity Ratio
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The ratio of total liabilities to total stockholders' equity.
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Premium on Bonds
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The difference between the par value of a bond and its higher issue price or carrying value.
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