BTU, or British thermal unit, is the industry-standard used to measure the heating efficiency of furnaces. In addition to BTU ratings, furnace manufacturers might include a Manual J Load rating and a percentage of energy efficiency.
A debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond to secure capital.
Which best describes the difference between stocks and bonds? A) Stocks allow investors to share in profits; bonds make investors responsible for company debts. B) Stocks allow investors to own a portion of the company; bonds are loans to the company. C) Stocks pay interest to investors throughout the year; bonds only pay interest at fixed times during the year.