Examlex
Which statement describes the consequences of Spanish colonization in the Americas?
Retractable Bond
Bond that may be sold back to the issuer at a prespecified price before maturity.
Debenture
An unsecured loan certificate issued by a company, backed only by the general creditworthiness and reputation of the issuer.
Default Risk
The likelihood that a debtor may not fulfill their debt contract obligations.
Yield Maturity
The term generally refers to the date when a bond or other fixed-income security matures, at which point the issuer is obligated to pay the principal amount back to the bondholders.
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