• Is a type of credit security which repays the entire principal on the maturity date. Prior to the maturity or prepayment of the bond, interest payments are to be made in accordance with the payment schedule. Treasury and Corporate bonds pay off in lump sum principal amounts whereas many mortgages pay off on an amortization basis.
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| ||Term bond: A bond issue in which all bonds mature at the same time.Often referred to as Bullet-maturity bonds or simply bullet bonds, bonds whose principal is payable at maturity. Related: serial bondsIs a newly issued municipal bond with one stated maturity. This compares to Serial Bonds.|
| ||Window contract: A guaranteed investment contract purchased with deposits over some future designated time period (the window ), usually between 3 and 12 months. All deposits made are guaranteed the same credit rating. Related: Bullet contract.|
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| ||Bullet contract|
Bullet loan or security