Debt That May Be Extinguished Before Maturity Is Referred to As

question 38

Multiple Choice

Debt that may be extinguished before maturity is referred to as:

• A) sinking-fund debt.
• B) debentures.
• C) callable debt.
• D) indenture debt.
• E) None of these.

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Definitions:

Behavior

How a person or an animal acts or reacts due to influences from the environment or internal conditions.

Oral Reprimands

Verbal corrections or scoldings given by a superior to an employee or subordinate as a form of disciplinary action.

Vague

Lacking in clearness or definiteness; difficult to understand or ascertain.

Behavior

The behavior or responses of a person or system triggered by external or internal prompts.