Examlex
Why is radio the least expensive electronic medium on which to produce an ad?
Sinking Fund
A fund established by a borrower, setting aside revenue over time to repay a debt or replace a depreciating asset in the future.
Call Provisions
Terms in a bond contract that allow the issuer to repurchase and retire the bond at a specified price before maturity, protecting against interest rate risk.
Bond Indenture
A legal contract between a bond issuer and a bondholder, detailing the terms of the bond such as the coupon rate, maturity date, and obligations of the issuer.
Call Provision
A clause in a bond or other fixed-income security that allows the issuer to repay the principal before the maturity date.
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