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In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term "debenture" originally referred to a document that either creates a debt or acknowledges it, but in some countries the term is now used interchangeably with bond, loan stock or note.
In finance, a bond option is an option to buy or sell a bond at a certain price on or before the option expiry date. [1] These instruments are typically traded OTC.. A European bond option is an option to buy or sell a bond at a certain date in future for a predetermined price.
In finance, a bond is a type of security under which the issuer owes the holder a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. [1]
Created Date: 8/30/2012 4:52:52 PM
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An obligation is a course of action which someone is required to take, be it a legal obligation or a moral obligation.Obligations are constraints; they limit freedom.People who are under obligations may choose to freely act under obligations.
Family and friends are mourning Soren Dixon, Jack Nelson and Krysta Tsukahara, all college students who graduated from Piedmont High School in 2023.
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