Chapter10Terms

Chapter10Terms - Bearer(coupon bonds Bonds not registered...

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Unformatted text preview: Bearer (coupon) bonds Bonds not registered. Bond certificate A legal document that indicates the name of the issuer, the face value of the bonds, and such other data as the contractual interest rate and maturity date of the bonds. Bond indenture A legal document that sets forth the terms of the bond issue. Bonds A form of interest-bearing notes payable issued bycorporations, universities, and governmental entities. Callable bonds Bonds that are subject to retirement at a stated dollar amount prior to maturity at the option of the issuer. Contractual interest rate Rate used to determine the amount of interest the borrower pays and the investor receives. Convertible bonds Bonds that permit bondholders to convert them into common stock at their option. Current liabilities Debts that a company reasonably expects to pay from existing current assets within the next year or operating cycle. Current ratio A measure of a company's liquidity; computed as current assets divided by current liabilities.A measure of a company's liquidity; computed as current assets divided by current liabilities....
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This note was uploaded on 10/21/2011 for the course ACCT 272 taught by Professor Mensah during the Fall '08 term at Rutgers.

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Chapter10Terms - Bearer(coupon bonds Bonds not registered...

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