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Bearer bond

Bonds issued with detachable coupons that must be presented to a paying agent or the issuer for semiannual interest payments. Also known as Coupon Bond. Securities are no longer issued in this format, but instead are issued as registered bonds or book entry. See Bond Form.

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Related terms

bearer bond
Financial services; General Finance

Bonds that are not registered on the books of the issuer. Such bonds are held in physical form by the owner, who receives interest payments by physically detaching coupons from ...

bearer bond
Accounting; Tax

While new issues are rare because of a change in the tax law, the principal and interest on the bond is payable to whoever has possession On the other hand, the ownership of a ...

bearer bond
Financial services; Funds

Bonds issued with detachable coupons that must be presented to a paying agent or the issuer for semiannual interest payments. Also known as Coupon Bond. Securities are no longer ...

bearer bond
Financial services; Finance

A bearer bond is a debt security issued by a business entity, such as a corporation, or by a government.

bearer bonds or stocks
Banking; Personal banking

Securities owned by and payable to whomever holds the physical certificate. Securities without a registered owner.

bond
Automotive; Automobile

(1) A state of adhesion. (2) The act of connecting two components by means of a glue or adhesive (3) The junction of the weld metal and the base metal.

buy fund symbol
Financial services; Funds

The fund symbol that you are buying when entering a mutual fund exchange.

buy order(purchase)
Financial services; Funds

In securities trading, an order to a brokerage firm/broker to purchase a specified quality of a security at the market price or limited price.

buy put
Financial services; Funds

An option contract that gives the holder the right to sell the underlying security at a specified price for a certain, fixed period of time.

buy stop order(purchase)
Financial services; Funds

Buy order that is entered at a price above the current offering price and becomes a market order when the current market price touches or goes through the buy stop price.

buy to close
Financial services; Funds

Buying an option contract to close out a pre-existing short position.

buy to cover
Financial services; Funds

The purchase of a long position to offset a short position.

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