c12 bonds Flashcards
the date when a bond will be repaid
maturity date
dollar amount the bond holder will recieve
face value
a bond that is backed only by its reputation
debenture
a bond that is backed by its assets
mortgage bonds
bonds that investors can trade for shares of a convertible common stocks
convertible bond
a fund to which a corporation makes deposits for the purpose of paying back a bond
sinking fund
bond issued at the same time but mature at different dates
serial bonds
a bond registered in the owners name
registered bame
a bond that pays interest
coupon bonds
a bond not registered in the investors name
bearer bond
a bond that does not produce interest payments
zero coupon bond
a security issues by state or local gov to pay for ongoing activities
municipal bonds
bonds issued by financially safe companies
investment grade bonds
rate of return
yield
a mutual fund with a fixed number of shares
closed end funds
a fund investee in other stocks or securities contained in a specific stock index
exchange traded fund
mutual fund with unlimited number of shares
open end fund
mutual fund where you pay a commission every time you use
load funds
amount that one share of a fund is worth
net asset value