Examlex
When the ethane and propane components of natural gas are cracked,two new compounds are formed which are essential monomers used in making plastics.These substances are ________.
Floating Rate Bond
A bond with an interest rate that is tied to a benchmark, such as LIBOR, and can change over time.
Coupon Payment
A periodic interest payment made to bondholders during the life of a bond.
Income Bond
A type of bond that only pays interest if the issuer has sufficient earnings to cover the interest payments.
Protective Covenants
Conditions written into financial agreements that the issuer must follow, such as restrictions on issuing more debt or making capital distributions.
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