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Related to bond certificate: stock certificate
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|Noun||1.||bond 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, 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