10 Questions
Bond is a __________ security.
debt
The holder of bond is a __________ to the institution.
lender
He is a __________ of the company.
creditor
All bonds have __________ date and is paid in cash at certain date in future.
maturity
A bond is an interest bearing certificate issued by the government or business firm, promising to pay the holder a specific sum at a specified __________.
date
Interest is payable on bonds at fixed interval or on __________ of bonds.
maturity
Bonds provide __________ term finance.
long
The bondholders are __________.
creditors
The bondholder gets a fixed rate of __________.
interest
The bondholder gets a fixed rate of interest. It is payable at regular interval or on the __________ of bond.
maturity
Explore the concept of owned capital sources and share capital in a company, including details on authorised capital and shares as defined by the Companies Act 2013. Learn about the division of share capital and the significance of the Memorandum of Association.
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