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Chapter 16: Long-Term Liabilities (Cambridge)

Horizontales
A type of bond that converts into equity securities at option of bondholder.
A security that has characteristics of both debt and equity.
Amount of bond due at maturity; maturity value, principal, or stated value.
_____ debt restructure occurs when the creditor grants a concession it would not otherwise consider to the debtor.
A bond type issued by private and public corporations.
This conveys to the holder the option to purchase common stock at a designated price within a stated time period.
Early debt _____ involves payment of a debt before its due date.
Incurred for legal, accounting, underwriting, commission, engraving, printing, registration, and promotion costs.
Restrictions on the issuing company to protect bondholders.
Debt security issued by companies and governmental units on long-term basis.
A note payable where a real estate asset serves as collateral for the loan.
A bond type issued by governmental entities.
A bond that is subject to redemption at the option of the bond issuer.
Interest rate on similar investments in the market; also called effective rate or yield.
A bond supported by a lien on specific assets.
The prevailing market rate of interest of notes with similar risks.
Verticales
A method where market rate interest is multiplied by the carrying value of the debt at beginning of the period.
This occurs when a bond is retired by the issuer and replaced with another bond.
The annual interest rate noted on the bond coupon; also called coupon, nominal, or contractual rate.
Bonds that mature and pay principal on several future installment dates.
An agreement that specifics the terms of bonds and rights of bondholders.
Bond _____ represent the contractual obligations of the issuer to the investors.
Bonds issued for less than face amount.
A method that evenly allocates bond discounts or premiums over bond term.
A type of note in which payments include both interest and principal.
A bond that matures and pays principal on a single date in the future.
Bonds only backed by issuer's credit; bondholders are general creditors.
Bonds issued for more than face amount.