bondholder
81Lehigh and New England Railroad — Le Lehigh and New England Railroad (sigle AAR: LNE) était un chemin de fer américain de classe I qui reliait Boston, Massachusetts au nord est de la Pennsylvanie via le Poughkeepsie Bridge sur le fleuve Hudson. La ligne fut plus tard réduite à… …
82Accrued Interest Adjustment — The extra amount of interest that is paid to the owner of a convertible bond or other fixed income security. The amount paid is equal to the balance of interest that has accrued since the last payment date of the bond. At the time, the investor… …
83Affirmative Covenant — A type of promise or contract which requires a party to do something. For example, a bond covenant that provides that the issuer will maintain adequate levels of insurance or deliver audited financial statements is an affirmative covenant.… …
84American Callable Bond — A bond that can be redeemed by the issuer at any time prior to its maturity. Usually a premium is paid to the bondholder when the bond is called. The main cause of a call is a decline in interest rates since the first date of issue. The issuer… …
85Bearer Bond — A fixed income instrument that is owned by whoever is holding it, rather than having a registered owner. Coupons representing interest payments are likely to be physically attached to the security and it is the bondholder s responsibility to… …
86Bearer Instrument — A bearer instrument, or bearer bond, is a type of fixed income security where no ownership information is recorded and the security is issued in physical form to the purchaser. The holder is presumed to be the owner, and whoever is in possession… …
87Bond Power — A separate legal form that authorizes the transfer of ownership of a registered bond from one party to another. The bond power is essentially a substitute for the assignment on the back of the bond. It formally appoints an attorney in fact to… …
88Bond Resolution — 1. A document used with government bonds, especially general obligation bonds, to allow bonds to be issued and sold for a specific purpose and to define the rights and responsibilities of each party to a bond contract (the issuer and the… …
89Build America Bonds - BABs — Taxable municipal bonds that feature tax credits and/or federal subsidies for bondholders and state and local government bond issuers. Build America Bonds (BABs) were introduced in 2009 as part of President Obama s American Recovery and… …
90Call Risk — The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem the issue prior to maturity. This means the bondholder will receive payment on the value of the bond and, in most cases …
