Bond Vocabulary!

3. determined by dividing yearly dollar amount of iterest by the bond's current price.
5. legal document that details all conditions relating to bond issues.
7. corporate bond secured by various assets of the issuing firm.
9. a financially independent firm that acts as the bondholders' representative.
12. a bond registered in owner's name by issuing company.
15. bond backed by full faith, credit, and unlimited taxing power of government that issued it.
16. the rate of return earned by an investor who holds a bond for a stated period of time.
17. debt security issued by state or local government.
18. dollar amount the bondholder will receive at maturity.
19. a bond that can be exchanged at owner's option, for a specified number of shares of corporation's commo stock.
20. written pledge to repay specified amount of money with interest.

1. series of bonds of a single issue that mature on different dates.
2. feature that allows corporation to call in or buy outstanding bonds front current bondholder's before maturity date.
4. a corporate bond that pays higher interest but also higher risk of default.(hint: has dash in word.)
6. a bond registered for principal only, not for interest.
8. bond that is repaid from the income generated by the project it is designed to finance.
10. a fund to which annual or semiannual deposits are made for purpose of redeeming a bond issue.
11. a bond backed only by the reputation of issuing corporation.
13. for a corporate bond, the date on which the corporation is to repay borrowed money.
14. written pledge of government or a municipality to repay specified sum of money plus interest.