Bon Chol Chhanam: People from Kampuchea [formerly known as Cambodia] celebrate their New Year, Bon Chol Chhnama, at this time of year. It is the beginning of the rainy season when the work of harvesting the old crop is finished and the new farming season begins. Celebrated around April 13.

 

Related Words

Bon Chol Chhanam: People from Kampuchea [formerly known as Cambodia] celebrate their New Year, Bon Chol Chhnama, at this time of year. It is the beginning of the rainy season when the work of harvesting the o . . . View Full Definition

Municipal Bonds: Bonds issued to finance public improvements such as parks, schools and urban renewal projects.

Municipal Bond Insurance: An insurance policy that guarantees payment on municipal bonds in the event the issuer defaults.

Municipal Bond (Muni): Municipal bonds are debt securities issued by state or local governments or their agencies to finance general governmental activities or special projects. For example, a state may float a bo . . . View Full Definition

Municipal Revenue Bond: A bond issued to finance a public project that is funded by receipts from the project's operation.

Municipal Bond Fund: Municipal bond mutual funds invest in municipal bonds. Earnings from these funds are always free of federal income tax for all shareholders in the fund. In addition, some mutual fund compani . . . View Full Definition

Nine-Bond Rule: An NYSE rule requiring that orders for nine bonds or fewer stay on the floor for one hour to seek a market.

Optional Payment Bond: A bond whose principal and/or interest may be paid in foreign or domestic currency at the discretion of the bondholder.

Obon: The 13th through 16th of August is called o-bon in Japan. O-bon is a Buddhist event and one of the most important traditions for Japanese people. It is the period of praying for the repose o . . . View Full Definition

Obligation Bond: Mortgage bond whose face value exceeds the value of the underlying property, and for which a personal obligation is created to compensate the lender for any costs that may exceed the value o . . . View Full Definition