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 Stopping Curve:
- Examples A curve showing the refunding rates for different times at which the expected value of refunding immediately equals the expected value of waiting to refund senior mortgage bond definition.
- Definition Subrogation:
- Examples An insurance process whereby a company that has paid out to a policyholder for a loss incurred recovers the amount of the loss from the party that is legally liable senior mortgage bond explain.
- Definition Stated Value:
- Examples A monetary worth figure that bears no relation to market value that is assigned, for accounting purposes, to stock for use instead of par value senior mortgage bond what is.
- Definition Step Up:
- Examples To increase, as in step up the tax basis of an asset senior mortgage bond meaning.
- Definition Stopping Curve Refunding Rate:
- Examples A refunding rate that falls on the stopping curve senior mortgage bond abbreviation.
