Bonds That Are Not Backed by Collateral Are Called Debenture

question 67

True/False

Bonds that are not backed by collateral are called debenture bonds.

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Definitions:

Required Rate

The minimum return that investors seek on an investment, taking into account the risk involved.

Multiple Discriminant Analysis

A statistical technique used to differentiate items or cases into groups by analyzing multiple variables simultaneously.

JIT

Just-In-Time, a management strategy that aligns raw-material orders from suppliers directly with production schedules to improve efficiency and decrease waste.