A Bond Is A(n)

question 159

Multiple Choice

A bond is a(n)

• A) regular payment made to owners of a firm.
• B) claim to partial ownership of a firm.
• C) agreement issued by a financial intermediary linking savers and investors.
• D) payment of interest made to lenders.
• E) legal promise to repay a debt.

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Definitions:

Elaborated Code

Conversation that uses many words and various ways of describing an idea or concept to communicate its meaning.

Condescending

Displaying an attitude of superiority and disdain towards others, often manifested through patronizing behavior.

Explicit

Clearly and directly expressed, leaving no room for confusion or misunderstanding; opposite of implicit.

Lack of Precision

The absence of clarity, accuracy, or definiteness in language, which can lead to misunderstandings or vague interpretations.