Additional Bonds Test

Business, Legal & Accounting Glossary

Definition: Additional Bonds Test


Additional Bonds Test


Full Definition of Additional Bonds Test


A test designed to determine the amount of additional bonds a company or organization can issue. The additional bonds tests involves an underwriter reviewing the amount of a standard benchmark such as a company’s cash flows or revenues, and determining the amount that can be used specifically for paying interest on new bonds.


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December 08, 2021 https://payrollheaven.com/define/additional-bonds-test/.
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Additional Bonds Test. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/additional-bonds-test/ (accessed: December 08, 2021).
American Psychological Association (APA):
Additional Bonds Test. PayrollHeaven.com. Retrieved December 08, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/additional-bonds-test/

Definition Sources


Definitions for Additional Bonds Test are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.