Bonds Flashcards by Ethan Mortola | Brainscape

Q

written promise to pay

A

bond

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Q

registered bond

A

owner is recorded

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Q

debenture

A

unsecured bond

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Q

coupon bond

A

must be clipped

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Q

indenture

A

bond contract

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Q

trustee

A

protects bondholders’ interest

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Q

mortgage bond

A

secured by specific property

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Q

transfers easily, a high risk of physical loss

A

bearer bond

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Q

convertible bond

A

exchange for stock

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