Finance Formulas / July 19, 2018 / Avalynn Orr
A coupon bond, also referred to as a bearer bond, is a debt obligation with coupons attached that represent semi-annual interest payments. With coupon bonds, there are no records of the purchaser kept by the issuer; the purchaser's name is also not printed on any kind of certificate. Bondholders receive these coupons during the period between the issuance of the bond and the maturity of the bond.
A current asset is cash and any other company asset that will be turning to cash within one year from the date shown in the heading of the company's balance sheet. If a company has an operating cycle that is longer than one year, an asset that will turn to cash within the length of its operating cycle is considered to be a current asset.
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