obligate the issuing corporation to repay a stated amount (variously refer to as the principal, par value, face amount, or maturity value) at a specified maturity date.
document that describes the specific promises made to bondholders.
a type of bond that is secure only by the "full faith and credit" of the issuing corporation.
a type of bond that is not entitled to receive any liquidation payments until the claims of other specified debt issues are satisfied.
backed by a lien on specified real estate owned by the issuer.
Upgrade to remove ads