Examlex
The meaning of the abbreviation LAT is ________.
Bond Indentures
Legal documents specifying the terms and conditions under which a bond is issued, including the rights of bondholders and the duties of the issuer.
Lottery
A form of gambling involving the drawing of numbers at random for a prize, often regulated by governments.
Subordinated Debentures
Debentures that have claims on assets, in the event of bankruptcy, only after senior debt as named in the subordinated debt’s indenture has been paid off. Subordinated debentures may be subordinated to designated notes payable or to all other debt.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity.
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