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The H-2A guest worker program brings tens of thousands of people to the United States to work in manual labor sectors.But because these workers are bound to the companies that request them,some critics have called this practice an example of modern-day _________.
Deferred Call
Call provision prohibiting the company from redeeming the bond before a certain date.
Coupon Rate
The interest rate on a bond, expressed as a percentage of the bond's face value, paid by the bond issuer to the bondholder at specified intervals.
Zero-Coupon Bond
A bond that does not pay periodic interest, but is issued at a deep discount, with the return being the difference between the purchase price and the face value at maturity.
Stripped Bond
A debt security where the principal and regular coupon payments have been separated and are sold as individual securities.
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