Related Words

General Obligation Bonds: A type of obligation that covers all a borrower's mortgageable properties, not just one specific property.

Industrial Development Bonds: A bond that allows private investors to finance apartment and commercial development by using tax-exempt, inexpensive funds. TRA 86 imposed severe restrictions on this financing technique.

Industrial Revenue Bonds: Bonds issued for the development of an industrial park or the construction of a building for lease to commercial tenants.

I-Bonds: Report giving the average yield of all major money market funds.

Government Obligations: A wholly owned U.S. government corporation within the Department of Housing & Urban Development. Ginnie Mae guarantees the timely payment of principal and interest on securities issued by ap . . . View Full Definition

International Bonds: A collective term that refers to global bonds, Eurobonds, and foreign bonds.

Investment-Grade Bonds: A bond that is assigned a rating in the top four categories by commercial credit rating companies. S&P classifies investment-grade bonds as BBB or higher, and Moody's classifies investment g . . . View Full Definition

Long Bonds: Bonds with a long current maturity. The 'long bond' is the 30-year U.S. Treasury bond.

Linguistic Generalization: As Algeo defines it, 'A semantic change expanding the kinds of referents of a word' (319). I.e., in generalization, a word picks up broader meaning instead of becoming specialized, focused, . . . View Full Definition

Limited-Tax General Obligation Bond: A general obligation bond of a government backed by specified or constrained revenue sources.