Meaning FACE-AMOUNT CERTIFICATE: A debt security issued by face amount. The holder makes payments periodicaly to the issues, and the issuer promies to pay the purchaser the face value at maturity or the surrended value if the security is presented by the maturity specified in the certificate
More terms such as Face-amount certificate in Dictionary F.
- Definition Fixed Dates:
- Examples In the Euromarket, the standard periods for which Euros are traded (one month out to a year out) are referred to as the fixed dates face-amount certificate definition.
- Definition Federal Reserve Bank:
- Examples One of the 12 member banks constituting the Federal Reserve System that is responsible for overseeing the commercial and savings banks of its region to ensure their compliance with regulation face-amount certificate explain.
- Definition Federally Related Institutions:
- Examples Arms of the federal government exempt from SEC registration whose securities are backed by the full faith and credit of the U.S. government (with the exception of the Tennessee Valley Authority face-amount certificate what is.
- Definition Fixed-Rate Payer:
- Examples In an interest rate swap, the counterparty who pays a fixed rate, usually in exchange for a floating-rate payment face-amount certificate meaning.
- Definition Foreign Exchange:
- Examples Currency of another country. Abbreviated Forex face-amount certificate abbreviation.
