Insured Bond
Business / Taxes / Insured Bond
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Insured Bond: An insured bond is a municipal bond whose interest and principal payments are guaranteed by a triple-A rated bond insurer. Insurance protects municipal bondholders against default by the iss . . . View Full Definition
Passive Bond: A bond without any interest yield.
Par Bond: A bond trading at its face value.
Payment-In-Kind (PIK) Bond: A bond that gives the issuer an option (during an initial period) either to make coupon payments in cash or in the form of additional bonds.
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Academic Warning: A student whose semester grade point average (GPA) falls below the minimum described above will be placed on academic warning and will be restricted t . . . Full Definition
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Supporter: Enthusiast, Champion, Promoter, Fan, Aficionado, Devotee, Admirer, Backer, Follower, Support, Advocate, Exponent, Adherent, Aid, Assistant, Helperenth . . . View All Synonyms
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