Examlex
A fluted point is a:
Bond Ratings
A system used to assess the credit quality and risk level of bonds, typically assigned by rating agencies.
Sinking Fund Provisions
A requirement for a debtor to set aside funds at regular intervals to repay a bond or loan before its maturity in order to ensure the safety of the investment for creditors.
Bond Issue
The process by which a government or corporation raises funds by issuing bonds to investors, who lend them money in exchange for periodic interest payments and the return of principal at maturity.
Call Provision
A feature of a bond or other fixed-income security that allows the issuer to repurchase and retire the debt before its maturity date.
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