English > bond certificate: 1 sense > noun 1, possession| Meaning | 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. |
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| Synonym | bond |
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| Narrower | Premium Bond | A government bond that bears no interest or capital gains but enters the holder into lotteries |
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| 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 |
| coupon bond, bearer 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 |
| junk bond, high-yield bond | A (speculative) bond with a credit rating of BB or lower |
| 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 |
| post-obit bond | A bond made by a reversioner to secure a loan |
| registered bond | A bond whose owner is recorded on the books of the issuer |
| revenue bond | A bond issued by an agency that is commissioned to finance public works |
| secured bond | A bond that is back by collateral |
| unsecured bond, debenture, debenture 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 |
| Broader | debt instrument, obligation, certificate of indebtedness | A written promise to repay a debt |
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| security, certificate | A formal declaration that documents a fact of relevance to finance and investment |
| Spanish | bono, obligación |
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| Catalan | bo, obligació |
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