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9 Cards in this Set
- Front
- Back
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Bond |
A certificate of debt |
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Corporate Bond |
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 |
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 |
The amount a bondholder will be repaid when the bond matures or is due
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Municipal Bond |
A bond issued by state and local governments
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Federal Agency Bond |
A bond issued by the federal agency
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Junk Bond |
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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