Knowledge Check 01 Match the term and the definition. 1. 2. Callable bonds 3. Bonds for which the holder is not entitled to receive any liquidation payments until the claims of other specified debt issues are satisfied Bonds that allow the issuing company to buy back outstanding bonds from the bondholders before their scheduled maturity date Bonds that are backed only by the "full faith and credit" of the issuing corporation Bonds that are retired as a consequence of bondholders choosing to convert them into shares of stock Bonds that must be redeemed on a prespecified year-by-year basis specified debt issues are satisfied 4. 5. Convertible bonds Debenture bonds Sinking fund debentures ubordinated debentures