Meaning AUTHORITY BOND: A bond issued by a government agency or a corporation created to manage a revenue-producing public enterprise. The difference between an authority bond and a municipal bond is that margin protections may be incorporated in the authority bond contract as well as in the legislation that enables the authority
More terms such as Authority bond in Dictionary A.
- Definition Arbitrage Bonds:
- Examples bonds issued intended to gain an interest rate advantage by refunding a higher-rate bond in ahead of their call date. Lower-rate refunding issue proceeds are invested in Treasuries until the first authority bond definition.
- Definition Accounts Payable:
- Examples Money owed to suppliers authority bond explain.
- Definition Amortization Factor:
- Examples The pool factor implied by the scheduled amortization assuming no prepayments authority bond what is.
- Definition Agency Pass-Throughs:
- Examples through securities whose principal and interest payments are guaranteed by government agencies, such as the Government National Mortgage Association (Ginnie Mae), Federal Home Loan Mortgage authority bond meaning.
- Definition AEX:
- Examples See: Amsterdam Exchange authority bond abbreviation.
