Examlex
Rank the following bonds in order of the extent of their polarization, with 1 being the least polarized, and 4 being the most polarized.
Installment Note
An installment note is a form of debt that requires the borrower to make scheduled payments (including both principal and interest) over a set period until the debt is paid off.
Bearer Bonds
Bonds not registered to any owner, allowing whoever holds the bond physically to claim the interest payments or the principal.
Unsecured Bonds
Bonds issued without collateral, relying on the issuer's creditworthiness for support.
Term Bonds
Bonds that have a set maturity date on which the principal amount will be repaid to bondholders.
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