B | C | D - E | F - I | L - M | N - P | Q - S | T - Z
Qualified Private Activity
Bond - A bond from which the interest income
is exempt from federal income taxation. Major types of
qualified bonds include those for housing, student loans,
industrial development and solid waste and transportation
facilities. However, such income is a preference item or
calculation of personal alternative minimum tax under the 1993
Date - Date on which the issuer will retire
Price - Price at which bonds are being
redeemed by the issuer.
Type - The particular type of redemption
through which the issuer of the municipal security is retiring
its outstanding debt.
Bond - A bond that is registered with an
issuer or its agents. The transfer of such bonds can be
accomplished only by endorsement of the registered owner.
Revenue Bond - A
bond of which the debt service is payable solely from the
revenue generated from the operation of the project being
financed, a category of facilities or from other non-tax
Serial Bond - A bond issued
to mature in sequence over a period of years. Most general
obligation, tax-secured bonds are issued in serial form.
Sinking Fund - Separate
accumulation of cash or investments (including earnings on
investments) in a fund in accordance with the terms of a trust
agreement or indenture, funded by periodic deposits by the
issuer (or the entity responsible for debt service), for the
purpose of assuring timely availability of monies for payment
of debt service. Usually used in connection with term
Special Tax Bond - A bond
backed solely by a pledge of a specific tax's receipts (such as
gasoline tax or cigarette tax).
Stock – A part ownership
sold in a business or corporation that has offered it, either
privately or publicly. Tradable for a varying value, based on
many factors such as company profit and new product
anticipation. The most variable and potentially lucrative form