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Obligation bond
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Obligation bondA municipal bond with a face value greater than the value of the underlying property. The difference is designed to compensate the lender for costs exceeding the mortgage value.
RELATED TERMS--------------------------------------
Bond
Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder.
Value
The worth or desirability of something expressed as an amount of money.
Underlying
1) In derivatives, the security that must be delivered when a derivative contract, such as a put or call option, is exercised. 2) In equities, the common stock that must be delivered when a warrant is exercised, or when a convertible bond or convertible preferred share is converted to common stock.
Property
A legally owned possession or real estate.
Lender
Person or institution that lends money to someone else.
Mortgage
A loan, usually to buy property, which serves as security for the loan; to take out a loan with a property as security.
SIMILAR TERMS--------------------------------------
Obligation
A legal responsibility, such as to repay a debt.
Obligor
A person who has an obligation to pay off a debt.
PREVIOUS AND NEXT TERMS--------------------------------------
Oath of inspectors
A sworn statement signed by the Inspectors of Election, usually notarized, wherein they swear they will impartially and faithfully execute their duties as Inspectors of Election at the annual or special meeting of shareholders.
Objective (mutual funds)
The fund's investment strategy category as stated in the prospectus. There are more than 20 standardized categories.
Objective probability
The true unobservable underlying odds that something is so.
Objectivity principle
In accounting, all data recorded should be verifiable and free from bias.
Obligation
A legal responsibility, such as to repay a debt.
Obligation bond
Obligor
A person who has an obligation to pay off a debt.
Observational noise
The error between the true value in a system and its observed value due to imprecision in measurement.
Obsolete inventory
Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry.
Occupational pension scheme
A pension scheme generated by a company or organisation for the benefit of its employees.
Occupational Pensions Regulatory Authority
The Authority set up under the Pensions Act 1995 to make occupational pensions more secure.
RELATED TERMS--------------------------------------
Bond
Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder.
Value
The worth or desirability of something expressed as an amount of money.
Underlying
1) In derivatives, the security that must be delivered when a derivative contract, such as a put or call option, is exercised. 2) In equities, the common stock that must be delivered when a warrant is exercised, or when a convertible bond or convertible preferred share is converted to common stock.
Property
A legally owned possession or real estate.
Lender
Person or institution that lends money to someone else.
Mortgage
A loan, usually to buy property, which serves as security for the loan; to take out a loan with a property as security.
SIMILAR TERMS--------------------------------------
Obligation
A legal responsibility, such as to repay a debt.
Obligor
A person who has an obligation to pay off a debt.
PREVIOUS AND NEXT TERMS--------------------------------------
Oath of inspectors
A sworn statement signed by the Inspectors of Election, usually notarized, wherein they swear they will impartially and faithfully execute their duties as Inspectors of Election at the annual or special meeting of shareholders.
Objective (mutual funds)
The fund's investment strategy category as stated in the prospectus. There are more than 20 standardized categories.
Objective probability
The true unobservable underlying odds that something is so.
Objectivity principle
In accounting, all data recorded should be verifiable and free from bias.
Obligation
A legal responsibility, such as to repay a debt.
Obligation bond
Obligor
A person who has an obligation to pay off a debt.
Observational noise
The error between the true value in a system and its observed value due to imprecision in measurement.
Obsolete inventory
Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry.
Occupational pension scheme
A pension scheme generated by a company or organisation for the benefit of its employees.
Occupational Pensions Regulatory Authority
The Authority set up under the Pensions Act 1995 to make occupational pensions more secure.
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This dictionary contains 24549 terms.
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