What Is a Bond

question 104

Multiple Choice

What is a bond?

• A) a financial intermediary
• B) a certificate of indebtedness
• C) a certificate of partial ownership in an enterprise
• D) a mortgage

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Definitions:

Years

Units of time equal to 365 days (or 366 days in a leap year), used as a measure of time passing.

Linear Programming

A mathematical technique for optimizing a linear objective function, subject to linear equality and inequality constraints.

Overtime

Time worked by employees beyond their normal working hours, typically compensated at a higher pay rate.

Subcontracting

The process of assigning specific portions of work or projects to external parties or businesses.