serial bond

serial bond
serial bond see bond 2

Merriam-Webster’s Dictionary of Law. . 1996.

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  • Serial bond — Serial bonds are financial bonds that mature in installments over a period of time. In effect, a $100,000, 5 year serial bond would mature in a $20,000 annuity over a 5 year interval. [cite book|author=Horngren C.|date=2007|title=Accounting|pages …   Wikipedia

  • Serial Bond With Balloon — A combination of a serial bond issue and a term bond issue. Essentially, the serial bond with balloon has bonds that mature at different intervals throughout the issue s life, and then a large percentage of the bonds (the term bonds) mature in… …   Investment dictionary

  • Serial Bond — A bond issue in which a portion of the outstanding bonds matures at regular intervals until eventually all of the bonds have matured. As they mature gradually over a period of years, these bonds are used to finance a project providing regular,… …   Investment dictionary

  • serial bond — A bond that provides for the amount of debt to be divided into a series of different staggered maturities. For example, instead of issuing$10 million of 15 year bonds, a municipality may issue $10 million with $1 million maturing each year from… …   Financial and business terms

  • serial bond — noun Etymology: serial (I) : one of a series of bonds maturing periodically rather than on a single maturity date …   Useful english dictionary

  • serial bond — noun Bonds issued in a series by a public entity that are payable at different times …   Wiktionary

  • serial bond —   Pona helu …   English-Hawaiian dictionary

  • bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure …   Law dictionary

  • Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… …   Wikipedia

  • bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

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