Examlex
A special type of contingency plan that is used when events are sudden and devastating and require immediate response is called _____.
Accrued Interest
Interest that has been earned but not yet received or recorded as income by the company.
Face Value
The nominal or dollar value printed on a bond, note, or other financial instrument.
Bond Sinking Fund
A fund set aside by a corporation to repay bonds at maturity, ensuring the security of the bondholders' investment.
Bonds Payable
A long-term liability account that represents the amount a company owes to bondholders.
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