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What Is Meant by Screening Examination or Test

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What is meant by screening examination or test?


Definitions:

Convertible Bond

A type of bond that can be converted into a predetermined amount of the company's equity, usually at the option of the bondholder.

Callable Bond

is a type of bond that gives the issuer the right to redeem the bond before its maturity date, under specific conditions.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an underlying asset at a specified price within a certain time frame.

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