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What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?
Related MCQs
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever ?
Which is NOT an essential element of an ordinary annuity ?
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?
What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?
A. T-bills
B. Securities
C. Bond
D. Bank notes
Correct Answer:
Bond
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Last Updated:
January 21, 2019