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10 Cards in this Set
- Front
- Back
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Bond
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Corporate Bond
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long-term debt securities issued by large firms
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Callable Bond |
a bond that the issuer has the right to pay off before its maturity date |
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Debenture
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a corporate bond that is not backed by collateral but only by the general credit standing of the corporation |
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face value
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the amount a bondholder will be repaid when the bond matures or is due |
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federal agency bond
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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
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a bond that has a low rating or no rating at all |
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treasury bond
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long term debt securities issued by the U.S. treasury |
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