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nlexa [21]
1 year ago
10

The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond.

Business
1 answer:
viva [34]1 year ago
6 0

A bond resolution is a legal document that specifies the rights of the issuer and the bondholder, the two parties to the bond contract, and allows the issuance and sale of bonds.

<h3>Who is a bondbondholder?</h3>

An investor or the owner of debt instruments, which are frequently issued by corporations and governments, is known as a bondholder. In essence, bondholders are lending money to the bond issuers. Bond holders receive their principal investment back when the bonds mature in exchange.

To learn more refer ;

brainly.com/question/15693067

#SPJ9

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