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Cody is a member of the L.A. Crips. The other gangs in his territory are the Bloods and Satan's Slaves. Cody feels very antagonistic toward the Bloods and Satan's Slaves. For Cody, these two rival gangs would be considered a(n) __________.
Put Bond
A type of bond that allows the holder to force the issuer to buy back the bond at specified times before maturity.
Deferred Call Provision
A clause in a bond contract that prohibits the issuer from repurchasing the bond until a specified date has passed.
Callable Bond
A type of bond that can be redeemed by the issuer before its maturity date at a specified price.
Redemption
The process by which securities or financial instruments are converted into cash or its equivalent value.
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