death-backed bonds


Definition
Bonds backed by loans of a policyholder against a life insurance policy. Loans are paid back over a period of time while the policyholder is still alive or with the benefits of the insurance policy upon the insured person's death.


Related Personal Finance Articles

Loading...

death-backed bonds in the news

Loading...

Enter your email address to get our free Term of the Day newsletter!

death-backed bonds is ...

... part of the Bonds subject.

Search volume for death-backed bonds

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z