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Match the Following Definitions with the Proper Terms

Question 114

Matching

Match the following definitions with the proper terms.

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

Correct Answer:

Long-term debt instruments
Bonds that allow the issuing corporation to retire the bonds prior to their maturity date
A fund established for the purpose of putting cash in to pay off bonds when due
The book value of bonds (principal plus premium or principal less discount)
The removal of the bond liability from the company's books when paid
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)
Bonds that give the bondholder the right to exchange their bonds for common stock under specified conditions
A bond contract
Bearer bonds
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