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Bonds and Mutual Funds
Vocabulary
19
Accounting
12th Grade
05/18/2008

Additional Accounting Flashcards

 


 

Cards

Term
The date when a bond will be repaid. 
Definition
Maturity Date
Term
The dollar amount that the bondholder will receive at teh bonds maturity
Definition

Face Value

Term
A bond that is backed only by teh reputation of the issuing corporation rather than by its specific assets.
Definition
Debenture
Term
Also known as a secured bond, it is a bond that is backed by assets of the corporation.
Definition
Mortgage bond
Term
An unsecured bond that gives bondholders a claim to interest payments and assets of teh corporation only after all other bondholders have been paid.
Definition
Subordinated Debenture
Term
A bond that an investor can trade for shares of the corporations common stock
Definition
Convertible Bond
Term
Allows a corporation to buy back bonds from bondholders before the maturity date.
Definition
Call Feature
Term
A legal document that details all of teh conditions pertaining to a particular bond issue
Definition
Bond Indenture
Term
A fund to whihc a corporation makes deposits for the purpose of paying back a bond issue.
Definition
Sinking Fund
Term
Bonds issued at the same time that mature on different dates.
Definition
Serial bonds
Term
A bond registered in the owners name by the company that issues the bond.
Definition
Registered Bond
Term
A bond that is registered in the owners name for teh face value only and not for interest. 
Definition
Registered coupon bond
Term

A bond that is not registered in the investors name

Definition

Bearer Bond

Term

A bond that provides no interest payments and is redeemed for its face valu at maturity. 

Definition
Zero-Coupon Bond
Term
A security issued by a state or local government to pay for its ongoing activites. 
Definition
Municipal Bond
Term
A bond that is backed by the full faith and credit of the government that issued it.
Definition
General obligation bond
Term
A bond that is repaid from the income generated by teh project it is designed to finance.
Definition
Revenue bond
Term
Bond that are issued by financially stable companies or municipalities.
Definition
Investment Grade Bonds
Term
Is the rate of return usually stated as a percentage, earned by an investor who holds a bond for a certain period of time.
Definition
yield
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