Solved

Match the Following Terms with the Descriptions Below

Question 62

Matching

Match the following terms with the descriptions below.

Premises:
A bond feature that allows the bondholder to exchange the bond for a specified number of common or preferred stock.
A long-term note issued to the public.
A bond secured with real estate.
A bond that allows the company issuing the bond to buy the bond back at a set price.
Unsecured bonds whose repayment ranks after other debt securities in the event the firm is liquidated.
A bond that is payable to whomever has physical possession of the bond.
A bond issue that has specific portions of the bond issue coming due periodically over the life of the bond issue.
A bond that pledges specific assets of the corporation to the bondholders in the event the company defaults on the bond issue.
Bonds with no specific assets pledged as collateral.
A bond contract.
Bonds that are numbered and made payable in the name of the bondholders.
Restrictions place on the borrowing company to protect the lender.
Responses:
Covenants
Subordinated bonds
Serial bond
Convertible bond
Debenture bonds
Secured bond
Bond
Registered bonds
Callable bond
Mortgage bonds
Bearer bond
Bond indenture

Correct Answer:

A bond feature that allows the bondholder to exchange the bond for a specified number of common or preferred stock.
A long-term note issued to the public.
A bond secured with real estate.
A bond that allows the company issuing the bond to buy the bond back at a set price.
Unsecured bonds whose repayment ranks after other debt securities in the event the firm is liquidated.
A bond that is payable to whomever has physical possession of the bond.
A bond issue that has specific portions of the bond issue coming due periodically over the life of the bond issue.
A bond that pledges specific assets of the corporation to the bondholders in the event the company defaults on the bond issue.
Bonds with no specific assets pledged as collateral.
A bond contract.
Bonds that are numbered and made payable in the name of the bondholders.
Restrictions place on the borrowing company to protect the lender.
Related Questions

Q57: Trego Corporation issued a five-year $70,000 installment

Q58: The carrying value of a $500,000,4 year

Q59: "All other things being equal,a convertible bond

Q60: Once the capital budgeting decision has identified

Q61: Klocke Corporation is planning to issue debentures

Q63: You have just purchased a new Mercedes

Q64: The Barton Leasing Company recently purchased printing

Q65: Boweil Industries is purchasing a new piece

Q66: Match the following terms with the descriptions

Q67: On Sept 1,2010 Innsbrook Corporation has just

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents