Examlex
Which of the following is not a characteristic of money?
Debenture
An unsecured bond.
Sinking Fund
A savings fund accumulated over time for the purpose of paying off debt or replacing a large expense in the future.
Yield to Maturity
The total return anticipated on a bond if the bond is held until its maturity date.
Coupon Rate
The interest rate stated on a bond or fixed-income security, representing the percentage of its face value paid to the holder annually.
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