Meaning DEATH-BACKED BONDS: Bonds backed by loans of a policyholder against a life insurance policy. The policyholder will repay the loans while alive or with the benefits from the insurance policy upon death
More terms such as Death-backed bonds in Dictionary D.
- Definition Dirty Price:
- Examples Bond price including accrued interest, i.e., the price paid by the bond buyer death-backed bonds definition.
- Definition Debt Swap:
- Examples transactions in which a firm buys a country's dollar bank debt at a discount and swaps this debt with the central bank for local currency that it can use to acquire local equity. Also called a death-backed bonds explain.
- Definition Direct Placement:
- Examples Selling a new issue not by offering it for sale publicly, but by placing it with one of several institutional investors death-backed bonds what is.
- Definition Downturn:
- Examples The transition point between a rising, expanding economy to a falling, contracting one death-backed bonds meaning.
- Definition Delivery Versus Payment:
- Examples which the buyer's payment for securities is due at the time of delivery (usually to a bank acting as agent for the buyer) upon receipt of the securities. The payment may be made by bank wire death-backed bonds abbreviation.
