Examlex
All of the following strategies can help you avoid using powerless words EXCEPT
Callable Bond
A callable bond is a type of bond that gives the issuer the right to pay off the bond before its scheduled maturity date at a predefined call price.
Debenture
A type of debt instrument that is not secured by physical assets or collateral.
Subordinated Bond
A type of bond that has a lower priority than other bonds of the issuer in case of liquidation during bankruptcy.
Debenture
A type of debt instrument that is not secured by physical assets or collateral but based on the creditworthiness and reputation of the issuer.
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