Ask Question
27 October, 08:19

Which of the following definitions describes a term bond?

Multiple Choice

a. Matures on a single date.

b. Secured only by the "full faith and credit" of the issuing corporation.

c. Matures in installments.

d. Supported by specific assets pledged as collateral by the issuer.

+3
Answers (1)
  1. 27 October, 10:34
    0
    a. Matures on a single date.

    Explanation:

    Term bond Matures on single date.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following definitions describes a term bond? Multiple Choice a. Matures on a single date. b. Secured only by the "full faith ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers