Corporate Bonds

Collateral     Assets pledged by a borrower to secure repayment of a loan or bond. Coupon     A bond’s stated interest rate. Default     A borrower’s failure ... [full story]

    * Registered bonds. Some corporate bonds are issued as certificates, with the owner’s name printed on them. There are no coupons attached for the owner to submit for payment ... [full story]

When bonds are issued at substantially less than par (face) value, the difference between the face amount and the initial offering price is known as original-issue discount. Zero-coupon bonds are ... [full story]