bond certificate definition

  • noun:
    • a certificate of debt (usually interest-bearing or discounted) which given by a government or company being raise cash; the issuer must pay a set amount annually until maturity after which a hard and fast amount to settle the principal
    • a certificate of financial obligation (usually interest-bearing or reduced) which granted by a government or firm to raise cash; the issuer must spend a set sum yearly until maturity and then a fixed amount to repay the principal

Related Sources

  • Hyponym for "bond certificate"
  • Hypernym for "bond certificate"
41 votes

How would you define bond certificate?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!