Bond creditor
| (Law) | a creditor whose debt is secured by a bond. |
See also: Bond
Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive
A debtor could avoid paying a mechanic's lien or
bond creditor by simply paying them and then filing bankruptcy.
Nearly 96 percent of holders of unsecured limited-tax GO bonds turned down the plan, while 87 percent of unsecured unlimited-tax GO
bond creditors voted for it.
Klausner's
bond creditors have already waived EUR 5.7 million of the debt and may give up a total of EUR 100 million.
CACs are a useful tool for improving collective action on the part of
bond creditors, and they stand to facilitate debt restructurings.
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