Examlex
Change the following mixed number to an improper fraction.
12 1/8 = _____
Maturity Date
The date on which a financial instrument such as a bond or loan agreement is due to be repaid in full.
Sinking Fund Provision
A clause in a bond or other long-term debt instrument that requires the issuer to set aside funds regularly to repay the debt before it matures.
Bond Indenture
A legal contract specifying all the terms and conditions between a bond issuer and bondholder, including obligations, rights, and protections.
Bond Redemption
The process by which a bond issuer legally repays the principal amount of the bond to the bondholders at or before the bond's maturity date.
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