Moral Obligation Bond Moral Obligation Bond is a tax-free revenue bond in which the government is not lawfully required to provide cash to cover a bond debt, but has a strong motivation to do this to prevent default.
Public official bond Public official bond is a type of surety bond guaranteeing that public officials will faithfully perform their duties for the protection of the public.
Judicial bond Judicial bond is a type of surety bond used for court proceedings and guaranteeing that the party bonded will fulfill certain obligations
License and permit bond License and permit bond is a type of surety bond guaranteeing that the person bonded will comply with all laws and regulations that
Financial institution bond Financial institution bond that covers crime loss exposures of commercial banks, savings and loan institutions, and other financial institutions; used to cover bank holdups, employee dishonesty, forgery, alteration of checks, armored car exposures, and other crime
Contract bond Contract bond is a type of surety bond guaranteeing that the principal will fulfill all contractual obligations.
Bond covenant Bond covenant is a contractual provision in a bond indenture. A positive covenant requires certain actions, and a negative covenant
Bond discount Bond discount is the difference by which a bond's market price is lower than its face value. The antithesis of a bond premium, which prevails when the market price of a
Bond fund Bond fund is a mutual fund that emphasizes income—consistent with risk, rather than growth—by investing in corporate, municipal, or US government debt obligations,
Bond of Indemnity Bond of Indemnity is an insurance policy that indemnifies the corporation, the shareholder and the Transfer Agent against any and all claims arising from the replacement by the Transfer Agent of
Definition
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