Select the description that best fits each term or phrase. A. Records and tracks the bondholders’ names. B. Is unsecured; backed only by the issuer’s credit standing. C. Has varying maturity dates for amounts owed. D. The legal contract between the issuer and the bondholders. E. Can be exchanged for shares of the issuer’s stock. F. Is unregistered; interest is paid to whoever possesses them. G. Maintains a separate asset account from which bondholders are paid at maturity. H. Pledges specific assets of the issuer as collateral. 1. Registered bond 5. Convertible bond 2. Serial bond 6. Bond indenture 3. Secured bond 7. Sinking fund bond 4. Bearer bond 8. Debenture
Select the description that best fits each term or phrase.
A. Records and tracks the bondholders’ names.
B. Is unsecured; backed only by the issuer’s credit standing.
C. Has varying maturity dates for amounts owed.
D. The legal contract between the issuer and the bondholders.
E. Can be exchanged for shares of the issuer’s stock.
F. Is unregistered; interest is paid to whoever possesses them.
G. Maintains a separate asset account from which bondholders are paid at maturity.
H. Pledges specific assets of the issuer as collateral.
1. Registered bond 5. Convertible bond
2. Serial bond 6. Bond indenture
3. Secured bond 7. Sinking fund bond
4. Bearer bond 8. Debenture
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