Baccalaureate Bond

Business / Taxes / Baccalaureate Bond: Baccalaureate bonds are tax-free zero coupon bonds issued by certain states specifically to help families accumulate assets to meet college tuition costs. The bonds are usually sold in small denominations, so that you can buy several, with maturity dates that correspond with the dates that tuition payments are due. In some states, baccalaureate bondholders receive a small tuition discount if they use the bonds to pay for attending an in-state school.

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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Passive Bond

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

Par Bond

Business / Finance / Par Bond: A bond trading at its face value. 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

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