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Match Each Term with Its Definition

question 33

Multiple Choice

Match each term with its definition.
-1/10 of a unit


Definitions:

Conversion Privilege

A feature of certain securities that allows the holder to convert them into a different type of security, typically common stock, under specific conditions.

Bonds Payable

A long-term liability account on a company's balance sheet, representing bonds that the company is obligated to repay at a specified future date.

Additional Paid-in Capital

The amount of money investors pay for shares over the par value, reflecting the additional funds contributed by shareholders.

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