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9 Cards in this Set
- Front
- Back
Bond |
a certificate of dept that is issued by the government or a corporation in order to raise money |
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corporate bond |
long term debt securities issued by large firms |
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Callable Bond |
A bond that is 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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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
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