holder bond
61Accrual Bond — A bond that does not pay periodic interest payments. Instead, interest is added to the principal balance of the bond and is either paid at maturity or, at some point, the bond begins to pay both principal and interest based on the… …
62Honesty Bond — A bond posted by an organization or professional insuring the honesty and integrity of the bond issuer and/or its employees. An honesty bond insures the policy holder against theft, fraud and other dishonest acts by employees. Also known as a… …
63Put Bond — A bond that allows the holder to force the issuer to repurchase the security at specified dates before maturity. The repurchase price is set at the time of issue, and is usually par value. Bondholders have the option of putting bonds back to the… …
64Premium Savings Bond — Premium Bond or Premium Savings Bond noun A Government bond, the holder of which gains no interest, but is eligible for a money prize allotted by a draw held at stated intervals • • • Main Entry: ↑premium * * * Premium Bond [Premium Bond] …
65Discount Bond — A bond that is issued for less than its par (or face) value, or a bond currently trading for less than its par value in the secondary market. The discount in a discount bond doesn t necessarily mean that investors get a better yield than the… …
66Insurance bond — An insurance bond (or investment bond) is a single premium life assurance policy for the purposes of investment. Due to tax laws they are a common form of investment in the UK and some offshore centres.Traditionally insurance bonds were with… …
67Busted Bond — Bonds issued by an issuer who failed to pay the required interest payments or principal amount to the debt holder (or both). The issuer of a busted bond would be considered bankrupt and would have to liquidate his or her assets to repay the bond… …
68Lottery Bond — 1. A type of government bond issued in the United Kingdom by National Savings and Investment (NS I) that gives the holder a chance to win a random monthly drawing for a tax free cash prize. The bonds don t pay interest but they do encourage… …
69convertible bond — noun a bond that can be converted to other securities under certain conditions • Hypernyms: ↑bond, ↑bond certificate * * * a bond that can be exchanged for a fixed number of shares of the common stock of the issuing company at the holder s option …
70Event-Linked Bond — A type of bond whose interest and principal payments are determined based on the non occurrence of certain events, such as earthquakes and hurricanes, which are outlined in the prospectus of the bond issue. Event linked bonds helps insurance and… …
