
Refinance and Mortgage Encyclopedia - bond
Bond(1) A certificate issued by a government or corporationAn entity established and treated by law as an individual or unit with rights and liabilities, or both, as evidence of a debtThat which is due from one person or another; obligation, liability.. The issuerThe public entity (state, political subdivision, agency, or authority) that issues securities in order to borrow money. of the bond promises to pay the bondholder a specified amount of interestThis is the amount that is imposed when payment is remitted after the due date. for a specified period and to repay the loanTransfers for which the recipient incurs a legal debt and repayment is required over time, with or without on the expiration ( maturityThe time when a note, bond or other investment option comes due for payment to investors.) date. (2) A certificate or policyThe written contract of insurance. issued by an insurance companyAn insurance company must be licensed by the Department of Insurance to sell health insurance. The insurer guaranteeing performance, fidelityInsurance guaranteeing the "honesty" of persons holding positions of public or private trusts. The insurer or suretyThe individual or entity that guarantees the legal liability for the debt, default, or failure to perform a dutyy bondA certificate serving as securityThe property that will be pledged as collateral for a loan. for paymentPeriodic (usually monthly) installments paid to a lender to be applied toward repaying your loan. Payments of a debtThat which is due from one person or another; obligation, liability.. BondsLoans that investors make to corporations or governments. It is a type of investment where the issuer backed by mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. loans are pooled together and sold in the secondary marketThe general name given to marketplaces where stocks, bonds, mortgages and other investments are sold. BondA debt instrumentA collective term encompassing obligating documents for a loan, including any applicable promissory with a specified termThe time period by the end of which a debt must be fully repaid. Also refers to the maturity period during which the borrowerPerson responsible for repaying a loan who has signed and agreed to the terms in the promissory note. (a government, business or financial institution) agrees to pay interestThis is the amount that is imposed when payment is remitted after the due date. on a stated basisThe total amount paid for a property, including equity capital and the amount of debt incurred. For to the borrower. At the end of that term, the borrower also repays the principal amountThe face amount of a Bond, exclusive of accrued interest and payable at maturity or, as to an Issue, of the bond. BondA legal contractThe formal legal document, also known as the "policy" that describes the agreement between the policyholder by which an insurance companyAn insurance company must be licensed by the Department of Insurance to sell health insurance. The insurer agrees to pay, within stated limitsThe maximum amount of benefit the insurance company will pay for a given situation or occurrence. Limits, for financial lossThe occurrence of the event for which insurance pays. caused by the defaultThe inability to make timely monthly mortgage payments or otherwise comply with mortgage terms. A loan or dishonest acts of a third partyThe claimant under a Liability Policy. So called because the person making the claim is not one of the. bondA long(1) One who has bought a futures contract to establish a market position; (2) a market position that- termThe time period by the end of which a debt must be fully repaid. Also refers to the maturity period promissory noteThis document represents the legal, contractual obligation of the debtor. The principal, interest rate, in which the issuerThe public entity (state, political subdivision, agency, or authority) that issues securities in order to borrow money. agrees to pay the ownerThe full name of the primary owner of the property parcel.(e.g. John P. Doe). the amount of the face valueThe principal amount of a bond (a debt instrument issued by a government, municipality or corporation). on a future date and to pay interestThis is the amount that is imposed when payment is remitted after the due date. at a specified rateThe pricing factor upon which the insurance buyer's premium is based. at regular intervals. BondAn interestThis is the amount that is imposed when payment is remitted after the due date.- bearingThe cardinal direction (North, South, East, West) of a line; e.g., North 50 degrees, 30 minutes West. certificate of debtThat which is due from one person or another; obligation, liability. with a maturity dateThe stated date on which all or a stated portion or the principal amount of a security becomes due and payable.. An obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs. of a government or business corporationAn entity established and treated by law as an individual or unit with rights and liabilities, or both,. A real estateThe physical parcel of land and all improvements permanently attached. An identified parcel or tract bond is a written obligation usually secured by a mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. or a deed of trustThe document used in some states instead of a mortgage; title is conveyed to a trustee. In some states,. BondAn interestThis is the amount that is imposed when payment is remitted after the due date.- bearingThe cardinal direction (North, South, East, West) of a line; e.g., North 50 degrees, 30 minutes West. certificate of debtThat which is due from one person or another; obligation, liability., usually issued by a government or corporationAn entity established and treated by law as an individual or unit with rights and liabilities, or both,, by which the issuerThe public entity (state, political subdivision, agency, or authority) that issues securities in order to borrow money. obligates itself to pay the principal amountThe face amount of a Bond, exclusive of accrued interest and payable at maturity or, as to an Issue, at a specified time and to pay interest periodically. BondAn interestThis is the amount that is imposed when payment is remitted after the due date.- bearingThe cardinal direction (North, South, East, West) of a line; e.g., North 50 degrees, 30 minutes West. promise to pay a specified sum of money - the principal amountThe face amount of a Bond, exclusive of accrued interest and payable at maturity or, as to an Issue, - due on a specific date to the holderThe party that currently owns the loan and holds its legal title. or ownerThe full name of the primary owner of the property parcel.(e.g. John P. Doe).. The termsThe specific conditions of a loan, including the requirements governing receipt and repayment of a loan. "Bond" and " NoteThe binding legal document you sign when you get a loan. It lists the conditions under which you're" are often used interchangeably. BondAny obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs. under sealAn impression made to attest the execution of an instrument.. A real estateThe physical parcel of land and all improvements permanently attached. An identified parcel or tract bond is a written obligation, usually issued on securityThe property that will be pledged as collateral for a loan. of a mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. or a trust deedSee: deed of trust.. BondWritten evidence of an obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs. given by a corporationAn entity established and treated by law as an individual or unit with rights and liabilities, or both, or government entity. A suretyThe individual or entity that guarantees the legal liability for the debt, default, or failure to perform a duty instrumentAny writing having legal form and significance, such as a deed, mortgage, will, lease, etc..
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