A Fund Set Up So That a Bond Can Be

question 77

Multiple Choice

A fund set up so that a bond can be retired at maturity is called a:

• A)sinking fund.
• B)bond payable fund.
• C)stock fund.
• D)retirement fund.

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Definitions:

Sentence

A set of words that is complete in itself, typically containing a subject and predicate, conveying a statement, question, exclamation, or command.

Interpret

To explain the meaning of information, words, or actions, often involving a subjective understanding.

Ambiguity

The quality of being open to more than one interpretation; the lack of definitiveness or clarity in meaning or intention.

Baseball Bat

A piece of sporting equipment used in baseball to hit the ball after it is thrown by the pitcher.