A Bond That Has a Claim on Assets Only After

question 47

Multiple Choice

A bond that has a claim on assets only after the senior debt has been paid off in the event of liquidation is called what?

• A)Debenture.
• B)Income bond.
• C)Indenture.
• D)Subordinated debenture.
• E)Mortgage bond.

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Definitions:

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The point at which a stimulus is of sufficient intensity to begin to produce an effect or to elicit a response.

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The ability of the human eye to detect and interpret surroundings by processing information contained in visible light.

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The visible part of a candle light, produced by the hot, glowing combustion of the candle wick and wax.

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A cranial nerve that transmits visual information from the retina to the brain.