Bond Maturity

Extendible Bond
An extendible bond is a type of bond whose maturity date can be extended at the option of all the involved parties. This flexibility can benefit both issuers and investors under certain market conditions.
Series E Bond
Series E Bonds were savings bonds issued by the U.S. government from 1941 to 1979. They were generally issued at 75% of their face value and matured at par based on interest rates, ceasing to accrue interest after 40 years.
Term Bond
A type of bond for which the entire principal amount matures on a single date rather than in installments over multiple dates.

Accounting Terms Lexicon

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