Senior Bond

Business / Taxes / Senior Bond: Senior bonds offer slightly lower interest rates than subordinated or junior bonds because they are considered less risky. A senior bond has priority in interest payments, and if a bond issuer defaults, or runs into difficulty paying off debt, holders of senior bonds have a prior claim in receiving whatever monies are available.

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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Other Words for Senior

Senior Verb Synonyms: elder, older, (postpositive) major, (higher-) ranking, superior, chief
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Pi Bond

Science / Chemistry / Pi Bond: In the valence bond theory, a pi bond is a valence bond formed by side-by-side overlap of p orbitals on two bonded atoms. In most multiple bonds, the first bond is a sigma bond and all of the others a MORE

Perpetual Bond

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

Pickup Bond

Business / Finance / Pickup Bond: A bond with a relatively high coupon that is close to the date at which it is callable, meaning that a fall in interest rates will most likely cause early redemption of the bond at a premium. MORE

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