Across
- 2. Bonds of a single issue that mature on different dates
- 4. A feature that allows the corporation to call in or buy outstanding bonds from current bondholders before the maturity date.
- 9. A corporate bond secured by various assets of the issuing firm.
- 10. A corporation's written pledge to repay a specified amount of money, along with interest.
- 11. A bond that is registered in the owner's name by the issuing company.
- 12. A bond that can be exchanged, at the owner's option, for a specified number of shares of the corporation's common stock.
- 13. An amount of money you can obtain quickly in case of immediate need.
- 15. A legal document that details all of the conditions relating to a bond issue.
- 16. A short-term loan that is approved before the money is actually needed.
- 18. The ability to buy or sell an investment quickly without substantially affecting the investment's value.
- 19. The rate of return earned by an investor who holds a bond for a stated period of time.
Down
- 1. Determined by dividing the yearly dollar amount of income generated by an investment by the investment's current market value.
- 3. The dollar amount the bondholder will receive at the bond's maturity.
- 5. A bond that is sold at a price far below its face value, makes no annual or semiannual interest payments, and is redeemed for its face value at maturity
- 6. For a corporate bond, the date on which the corporation is to repay the borrowed money.
- 7. A high-risk investment made in the hope of earning a relatively large profit in a short time.
- 8. A bond that is repaid from the income generated by the project it is designed to finance.
- 14. A debt security issued by a state or local government.
- 17. A financially independent firm that acts as the bondholders' representative.