Ünite 5: Long Term Liabilities — Veri Tablosu

Comparison of Bond Classifications

Bond Type	Primary Feature	Collateral / Security	Maturity Structure	Payment / Transfer Method
Secured Bonds	Backed by specific assets of the issuer	Mortgage on real estate or equipment	Single or serial dates	Registered or bearer form
Unsecured Bonds	Backed only by issuer's general credit	None (debentures)	Single or serial dates	Registered or bearer form
Term Bonds	Entire principal matures at once	Varies (secured or unsecured)	Single designated date	Registered or bearer form
Serial Bonds	Principal matures in periodic installments	Varies (secured or unsecured)	Multiple dates over time	Registered or bearer form
Callable Bonds	Issuer can redeem before maturity date	Varies (secured or unsecured)	Subject to early retirement	Registered or bearer form
Registered Bonds	Issued in the name of the owner	Varies (secured or unsecured)	Single or serial dates	Requires formal transfer of ownership
Bearer Bonds	Not recorded in owner's name	Varies (secured or unsecured)	Single or serial dates	Transferred by mere physical delivery