Which of the Following Definitions Describes a Secured Bond

question 22

Multiple Choice

Which of the following definitions describes a secured bond?

• A)Matures on a single date.
• B)Secured only by the "full faith and credit" of the issuing corporation.
• C)Matures in installments.
• D)Supported by specific assets pledged as collateral by the issuer.

---

Definitions:

Propagate

To reproduce, spread, or increase in number, often used in the context of plants (via seeds or cuttings) and ideas or information.

Upper Explosion Limit (UEL)

The highest concentration of vapor in air above which propagation of flame does not occur on contact with a source of ignition.

Thermobaric Bomb

A type of explosive weapon that uses oxygen from the surrounding air to generate a high-temperature explosion, producing a blast wave of significant duration.

Military

Relating to the armed forces or to soldiers, arms, or war, responsible for defense or combat in land, sea, and air.