Tag: bond

A warehouse bond is a type of surety bond that guarantees payment for goods that are stored in a bonded warehouse. The bond is...

DefinitionWar bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. War Bond What...

What is 'Warrant Premium' The amount that an investor must pay above the current market price for a security, when purchasing and...

What is a warranty and what does it cover A warranty is a guarantee or promise made by a seller about the quality of their...

What is a 'General Obligation Bond - GO' A general obligation bond (GO) is a municipal bond backed by the credit and...

What is 'Gen-Saki' A secondary market in Japan, also known as a repo market for its similarity to repurchase agreements. It is...

DefinitionPar value, in finance and accounting, means stated value or face value. From this come the expressions at par, over par and under par....

What is 'Above Par' A term used to describe the price of a security when it is trading above its face value....

What is tax exempt status Tax-exempt status is a designation given by the Internal Revenue Service (IRS) to organizations that meet certain criteria. To be...

What is a 'Tap Issue' A tap issue is a procedure that allows borrowers to sell bonds or other short-term debt instruments...