bearer bond
DefinitionAn unregistered, negotiable bond on which interest and principal are payable to the holder, regardless of whom it was originally issued to. The coupons are attached to the bond, and each coupon represents a single interest payment. The holder submits a coupon, usually semi-annually, to the issuer or paying agent to receive payment. Bearer bonds are being phased out in favor of registered bonds. also called coupon bond.
This content can be found on the following page:
bearer bond is ...
... part of the Bonds subject.
... part of the Bonds subject.
bearer bond appears in the definitions of these other terms on BusinessDictionary.com
Loading...
Featured Sponsor
| |







