Meaning OBLIGATION BOND: A municipal bond with a face value greater than the value of the underlying property. The difference is designed to compensate the lender for costs exceeding the mortgage value
More terms such as Obligation bond in Dictionary O.
- Definition Optimum Capacity:
- Examples The amount of manufacturing output that creates the lowest cost per unit obligation bond definition.
- Definition Origination:
- Examples The making of mortgage loans obligation bond explain.
- Definition Offerings:
- Examples Often refers to initial public offerings. When a firm goes public and makes an offering of stock to the market obligation bond what is.
- Definition Offset:
- Examples Elimination of a long or short position by making an opposite transaction. Related: Liquidation obligation bond meaning.
- Definition Oslo Stock Exchange:
- Examples An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway obligation bond abbreviation.
