Advertising

Bearer bond

• Is a security which does not have the owner's name on the certificate. Interest and principal are paid to the person presenting the attached coupons to the agents for payment. This type of ownership compares to registered or book entry form.

• Bonds that are not registered on the books of the issuer. Such bonds are held in physical form by the owner, who receives interest payments by physically detaching coupons from the bond certificate and delivering them to the paying agent.

• Bonds for which payments are made to the bearer.

 
 

Follow this link for all the terms related to bond.

 
 Embedded terms in definition
 Agent
Bond
Book entry
Books
Book
Held
Interest payments
Interest
Issuer
Principal
Security
Type
 
 Related Terms
 

<< Bear spread Bearer security >>

Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Nothing splendid has ever been achieved except by those who dared believe that something inside of them was superior to circumstance. Bruce Barton

Advertising



Copyright 2009-2018 GVC. All rights reserved.