A___________ Is a Restrictive Provision on a Bond Which Provides

question 93

Multiple Choice

A___________ is a restrictive provision on a bond which provides for the systematic retirement of the bonds prior to their maturity.

• A) sinking-fund requirement
• B) subordination clause
• C) conversion feature
• D) redemption clause

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Definitions:

Creative Benefits

Non-traditional compensation or perks offered by employers, often designed to accommodate personal needs and preferences of employees.

Competitive Edge

An advantage that allows an organization to outperform its rivals.

Talented Employees

Individuals who possess a high level of skill, creativity, or intelligence, making them particularly valuable to their employers.

Old Age

The latter part of life, typically regarded as the years after retirement, when a person is considered to be advanced in years or elderly.