Examlex
Which one of the following is incorrect in the application of a tourniquet?
Call Provision
A feature in certain debt instruments that allows the issuer to repay the debt before its maturity date, usually at a specified call price.
Sinking Fund
A fund established by an organization to set aside revenue over a period for the future repayment of debt.
Rating Agencies
Companies that assess the financial strength of entities and their capabilities to meet financial commitments, providing ratings that indicate the risk level of investing in their debt.
Bond Rating Agency
An organization that assesses the creditworthiness of both corporations and governmental entities and assigns ratings to their various debt securities.
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