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What Is a "Reference"? When Does the Organization Usually Check

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What is a "reference"? When does the organization usually check references? What issues may arise and how should human resource departments handle requests for references given these issues?


Definitions:

Bond Indenture

The formal agreement between a bond issuer and bondholders, detailing the terms of the bond such as interest rates, maturity date, and other conditions.

Yield To Maturity

The total return anticipated on a bond if held until it matures, considering all interest payments made at set intervals and the principal or face value.

Bond Indenture

A legal document specifying the rights, duties, and obligations of both the issuing company and the bondholders.

Coupon Frequency

The frequency with which a bond's interest payments are made to bondholders, such as annually, semi-annually, quarterly, or monthly.

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