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What process occurs when offenders begin to understand and recognize their wrongdoing?
Secured Bonds
Bonds that are backed by collateral, such as real estate or other assets, to reduce the risk of default to investors.
Bond Principal
The face value of a bond, or the amount of money the bond issuer will pay back to the bondholder at maturity.
Serial Bonds
Bonds that are issued under the same contract but mature at different times, allowing the issuer to spread the repayment over several periods.
Principal Retirement
The act of paying off the original sum of money borrowed in a loan, excluding interest payments.
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