Which Of The Following Definitions Describes A Serial Bond

Which of the following definitions describes a serial bond?

Answer : Matures in installments.

Convertible bonds:

Answer : Provide potential benefits to both the lender and the borrower.

Bonds can be secured or unsecured. Likewise, bonds can be term or serial bonds. Which is less common?

Answer : Secured and serial.

Callable bonds:

Answer : Provide potential benefits to the issuer.

Donation Page

Support Our Work

Do you appreciate the value this website provides? If so, please consider donating to help keep it running. Your donation will go a long way in helping us continue to provide the same quality of content and services. Every bit helps, and your support is greatly appreciated. Thank you for your generosity.