Questions: Bonds issued in the names and addresses of their holders are bonds. registered term bearer secured
Transcript text: Bonds issued in the names and addresses of their holders are $\qquad$ bonds.
registered
term
bearer
secured
Solution
Answer
The answer is registered.
Explanation
Option 1: Registered
Registered bonds are those that are issued in the names and addresses of their holders. The issuer keeps a record of the bondholder's details, and interest payments are sent directly to the registered owner. This ensures that only the registered owner can claim the interest and principal payments.
Option 2: Term
Term bonds are bonds that mature on a single date. This option does not relate to the registration or naming of the bondholder, but rather to the maturity structure of the bond.
Option 3: Bearer
Bearer bonds are not registered in the name of the holder. Instead, they are owned by whoever physically holds the bond certificate. Interest payments are made to whoever presents the coupon attached to the bond.
Option 4: Secured
Secured bonds are backed by specific assets as collateral. This option refers to the security of the bond, not the registration or naming of the bondholder.