Meaning PRIOR-LIEN BOND: A bond usually arising from reorganization with precedence over another bond of the same issuing company that is equally secured
More terms such as Prior-lien bond in Dictionary P.
- Definition Package Mortgage:
- Examples A mortgage on a house and property in the house prior-lien bond definition.
- Definition Put Swaption:
- Examples A financial instrument giving the buyer the right, or option, to enter into a swap as a floating-rate payer. The writer of the swaption therefore becomes the floating-rate receiver/fixed-rate payer prior-lien bond explain.
- Definition Paired Shares:
- Examples Stock of two companies under the same management that are sold as one unit with one certificate prior-lien bond what is.
- Definition Post:
- Examples Particular place on the floor of an exchange where transactions in stocks listed on the exchange occur prior-lien bond meaning.
- Definition Performance Shares:
- Examples given to managers on the basis of performance as measured by earnings per share and similar criteria. A control device shareholders sometimes use to tie management to the self-interest of prior-lien bond abbreviation.
