Cushion Bonds

Business / Finance / Cushion Bonds: The minimum period between the time a bond is issued and the time it is called.

Other Words for Cushion

Cushion Noun Synonyms: soften, absorb, mitigate, reduce, buffer, insulate, mollify, lessen
Cushion Verb Synonyms: pillow, bolster, pad
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Cushion Theory

Business / Finance / Cushion Theory: High-coupon bonds that sell at only at a moderate premium because they are callable at a price below that at which a comparable noncallable bond would sell. Cushion bonds offer considerable downside p MORE

Pincushion Distortion

Entertainment / Photography / Pincushion Distortion: Lens aberration causing parallel, straight lines at the edge of the image to curve toward the lens axis. MORE

Municipal Bonds

Business / Real Estate / Municipal Bonds: Bonds issued to finance public improvements such as parks, schools and urban renewal projects. MORE

Policyholder Loan Bonds

Business / Finance / Policyholder Loan Bonds: Packaged loans acquired by policyholders that are secured by the cash surrender value of the policies, and are offered by a broker/dealer as bonds. MORE

Redemption Cushion

Business / Finance / Redemption Cushion: The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). MORE

Mortgage Revenue Bonds

Business / Real Estate / Mortgage Revenue Bonds: A type of tax-exempt industrial development bond offered by state and local governments through their housing financing agencies. MORE

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