Examlex
What is status consistency? Give an example.
Bond Indenture
A legal contract detailing the terms and conditions under which a bond is issued, including the obligations of the issuer and the rights of the bondholders.
Sinking Fund
A sinking fund is a method by which a company sets aside money over time to retire its preferred stock, bonds, or debentures before or at maturity, to ensure investment security for bondholders.
Callable Feature
A provision on a bond that allows the issuer to repurchase and retire its bonds before they mature.
Conversion Premium
The additional amount an investor pays over the current market price of a convertible security compared to the conversion value of the stock.
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