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9 Cards in this Set
- Front
- Back
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Bond |
A certificate of debt that is issued by the government or corporation in order to raise money. |
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Corporate Bond |
Long-term debt securities issued by long firms. |
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Callable Bond |
A bond that the issuer has the rights to pay off before its maturity date. |
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Debenture |
A corporate bond that is not backed by collateral |
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Face Value |
The amount a bondholder will be repaid when the bond mature is due. |
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Federal Agency Bond |
A bond issued by the federal agency. |
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Municipal Bond |
a bond issued by state and local governments. |
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Junk Bond |
A bond that has a low rating, or no rating at all. |
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Treasury Bond |
Long term debt securities issued by the U.S. Treasury. |
