Meaning SENIOR MORTGAGE BOND: A bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid
More terms such as Senior mortgage bond in Dictionary S.
- Definition Separate Customer:
- Examples Method of allocating insurance by the Securities Investor Protection Corporation. Each account that is under the name of a different person or group of people is entitled to maximum protection senior mortgage bond definition.
- Definition Statutory Voting:
- Examples The standard rule in most corporations that there is one vote per share in elections of the board of directors senior mortgage bond explain.
- Definition Simplified Employee Pension (SEP) Plan:
- Examples A pension plan in which both the employee and the employer contribute to an individual retirement account. Also available to the self-employed senior mortgage bond what is.
- Definition Stock Insurance Company:
- Examples An insurance company owned by a group of stockholders, who are not necessarily policyholders senior mortgage bond meaning.
- Definition Source Of Funds Seller:
- Examples Customer seller of stock for the purpose of raising cash for other purchases. Such a seller will sell only at advantageous prices, and not aggressively senior mortgage bond abbreviation.