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Term Bonds Require Payments in Installments Over a Series of Years

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Term bonds require payments in installments over a series of years.


Definitions:

Rufus King

An American lawyer, politician, and diplomat who was a signer of the United States Constitution and a senator from New York.

Political Parties

Organizations that seek to attain and maintain political power within a government, usually by participating in electoral campaigns and other political activities.

John Adams

The second President of the United States (1797-1801) and a leading figure in the American Revolution, known for his advocacy of independence from Britain.

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