Bearer Bond

Business / Finance / Bearer Bond: 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.

Other Words for Bond

Bond Verb Synonyms: cement, bind, hold together, stick, cohere
Bond Noun Synonyms: tie(s), shackles, chains, fetters, manacles, handcuffs, trammels, thongs, cord(s), rope(s), restraint(s), constraint(s), check(s), control(s), rein(s)
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Bearer Form

Business / Finance / Bearer Form: Describes issue form of security not registered on the issuing corporation's books, and therefore payable to its bearer. See also: Bearer bond; coupon bond. MORE

Registered Bond

Business / Finance / Registered Bond: A bond whose issuer records ownership and interest payments. Differs from a bearer bond, which is traded without record of ownership and whose possession is the only evidence of ownership. MORE

Passive Bond

Business / Finance / Passive Bond: A bond without any interest yield. MORE

Payment-In-Kind (PIK) Bond

Business / Finance / Payment-In-Kind (PIK) Bond: A bond that gives the issuer an option (during an initial period) either to make coupon payments in cash or in the form of additional bonds. MORE

Performance Bond

Business / Construction / Performance Bond: An amount of money (usually 10% of the total price of a job) that a contractor must put on deposit with a governmental agency as an insurance policy that guarantees the contractors' proper and timely MORE

Perpetual Bond

Business / Finance / Perpetual Bond: Nonredeemable bond with no maturity date that pays regular interest rates indefinitely. MORE

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