Often referred to as bullet-maturity bonds or simply bullet bonds, bonds whose principal is payable at maturity. Related: serial bonds Found on http://www.encyclo.co.uk/local/20047
Term bonds are notes issued by companies to the public or certain investors with scheduled maturity dates. In other words, the bonds mature a specific date in the future and the bond face value must be repaid to the bondholder on that date. The term of the bond is amount of time between bond issuance and bond maturity. A 10-year term bond issued on... Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction