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bond certificate

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.bond certificatebond certificate - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
bond issue - bonds sold by a corporation or government agency at a particular time and identifiable by date of maturity
convertible bond - a bond that can be converted to other securities under certain conditions
corporate bond - a bond issued by a corporation; carries no claim to ownership and pays no dividends but payments to bondholders have priority over payments to stockholders; "a corporate bond is a safer investment than common stock in the same company"
bearer bond, coupon bond - a bond issued with detachable coupons that must be presented to the issuer for interest payments
government bond - a bond that is an IOU of the United States Treasury; considered the safest security in the investment world
high-yield bond, junk bond - a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
municipal bond - a bond issued by a state or local government
noncallable bond - a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
performance bond, surety bond - a bond given to protect the recipient against loss in case the terms of a contract are not filled; a surety company assumes liability for nonperformance
post-obit bond - a bond made by a reversioner to secure a loan; payable out of his reversion
registered bond - a bond whose owner is recorded on the books of the issuer; can be transferred to another owner only when endorsed by the registered owner
revenue bond - a bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond
secured bond - a bond that is back by collateral
debenture, debenture bond, unsecured bond - the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
zero coupon bond, zero-coupon bond - a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon security
certificate of indebtedness, debt instrument, obligation - a written promise to repay a debt
certificate, security - a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends; "he held several valuable securities"
Premium Bond - a government bond that bears no interest or capital gains but enters the holder into lotteries


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? Mentioned in ? References in periodicals archive
 
The increase in activity is primarily due to interest in the historical significance and beauty of stock and bond certificates as well as their relative scarcity according to Scripophily.
com LLC, The Gift of History, is the internet's leading buyer and seller of collectible stock and bond certificates and has had items on loan for display in the Smithsonian's Museum of Financial History in New York, been featured on CNBC, USA Today, Baltimore Sun, Washington Post and in many other media publications.
The exhibit, which is open to the public from June 8th to June 11th, will include the only surviving bond certificate, prospectus for the issue, and correspondence of the lead bankers Alexander Baring and Pierre Labouchere of Hopes.
 
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