The principal of the bond issue is paid back in installments

A) EPS
B) Face value
C) Callable bond
D) Indenture
E) Term bond
F) Convertible bond
G) Serial bond

Serial Bond

A type of bond that matures in installments over a period of time rather than having a single maturity date.

Principal

The initial amount of money borrowed or invested, excluding any interest or dividends.

Installments

Regular, often monthly, payments made towards settling a debt or purchasing a product over time.