Free Version

Dashboard
Review Topics
Quizzes
Practice Exams
Flashcards
Vocabulary
Do buffalo have elbows? I just wanted to make sure I could check my watch during the test.

Key Vocab Terms to Know for the 65

Key Vocab Terms to Know for the 65

Key Vocab Terms You Must Know For The 65:

Senior Debt. Senior debt is typically the safest and most secure type of bond in a corporate balance sheet. If the company ever ran into bankruptcy problems, the first type of bond to be paid would be the senior obligation bonds. But note that senior bonds would come behind primary vendor bills and IRS taxes.

Next are junior obligation bonds. Same idea as seniors, just one notch back.

There are other bonds that are backed only by specific assets of a...

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: Cash Equivalents
Prev: How Bonds are Registered

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