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A(n) ____ visits customers and prospective customers to discuss their needs in order to gain their business.
Fallen Angel
Originally investment-grade bonds that have been downgraded to junk bond status due to the issuer's weakened financial condition.
Investment-Grade Bond
A bond with a high credit rating, indicating lower risk of default, making it an attractive investment option for conservative investors.
Junk Bond
A high-yield bond with a lower credit rating than investment-grade bonds, reflecting higher risk.
Annual Interest
Interest calculated or paid once per year on a loan or investment, based on the initial principal or on the amount outstanding.
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