Free Version

Dashboard
Review Topics
Quizzes
Practice Exams
Flashcards
Vocabulary
If you think you got a question wrong, just move on. Nobody likes a wallower. Well, except other buffalo, that is.

Funded Debt

Just like ice cream and horny clowns, bonds come in colorful flavors. Bondholders aren’t owners – they are lenders, which rhymes with vendors and not much else that’s relevant. If the bonds don’t come due for 5 years or more, then they are referred to as funded debt because the presumption, right or wrong, is that debt will live on the balance sheet a long time and that funding it is part of the normal operations of the company (i.e., they weren’t borrowing money to buy their own bott...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

$65.65
Next: Agency Bonds
Prev: Convertible Bonds

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.