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Match the Following Definitions with the Proper Terms

Question 97

Matching

Match the following definitions with the proper terms.

Premises:
A bond contract
Long-term debt instruments
The removal of the bond liability from the company's books when paid
The book value of bonds (principal plus premium or principal less discount)
Bonds secured by the pledge of securities (i.e., stocks, bonds of another company)
Cost incurred in issuing bonds (i.e., legal and accounting fees, printing costs)
Bearer bonds
Bonds that allow the issuing corporation to retire the bonds prior to their maturity date
Bonds that give the bondholder the right to exchange their bonds for common stock under specified conditions
A fund established for the purpose of putting cash in to pay off bonds when due
Responses:
Bond issue costs
Coupon bonds
Callable bonds
Convertible bonds
Bond retirement
Bonds payable
Collateral trust bonds
Bond indenture
Carrying value of bonds
Bond sinking fund investment

Correct Answer:

A bond contract
Long-term debt instruments
The removal of the bond liability from the company's books when paid
The book value of bonds (principal plus premium or principal less discount)
Bonds secured by the pledge of securities (i.e., stocks, bonds of another company)
Cost incurred in issuing bonds (i.e., legal and accounting fees, printing costs)
Bearer bonds
Bonds that allow the issuing corporation to retire the bonds prior to their maturity date
Bonds that give the bondholder the right to exchange their bonds for common stock under specified conditions
A fund established for the purpose of putting cash in to pay off bonds when due
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