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TeachMeFinance.com Additional Bonds Test -- Evaluation by underwriters of the status of the issuer of a bond, whether a business or government entity, in terms of ability to service the debt. The test determines, in the light of the assets and revenues of the issuer, how much of income will be used up in paying interest. By laying down financial benchmarks, the test can impose limits on the extent of issue of new bonds. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.