This Wave-Cut Platform Indicates

question 48

Multiple Choice

This wave-cut platform indicates

• A)a rise of sea level relative to the land.
• B)a lowering of sea level relative to the land.
• C)movement of a large thrust fault.
• D)scouring of the land surface by a tsunami.

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Definitions:

Treasury Notes

Intermediate-term U.S. government debt security with a maturity of 1 to 10 years and pays interest every six months.

Maturity at Issue

The predetermined date when a financial instrument, such as a bond, will come due and the principal is to be paid back to investors.

Default Risk

The potential risk that an issuer of a bond or other debt security will be unable to make principal and interest payments when due.

Collateral Trust Bond

A type of bond that is secured by a pledge of collateral, typically securities, placed under the trust of a third party.