Define the following terms related to bonds payable Debenture bonds Face value of the bonds Secured bonds Face rate of interest Convertible bonds Issue price Callable bonds ...

Debenture bondsbonds backed by the general credit of the company Secure ...

Define the following terms related to bonds payable. Debenture bonds..... Face value of the bonds Secured bonds......

Question:

Define the following terms related to bonds payable.
Debenture bonds..... of the bonds
Secured bonds...... Face rate of interest
Convertible bonds...... Issue price
Callable bonds

Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the...