Financial Dictionary

This dictionary contains:
24549
financial terms

Perpetual bond




Perpetual bond

Nonredeemable bond with no maturity date that pays regular interest rates indefinitely.

RELATED TERMS
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Bond
Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder.

Maturity
1) The length of time until the principal amount of a bond must be repaid. 2) The end of the life of a security.

Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.



SIMILAR TERMS
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Perp walk
A slang term describing the police action of parading an arrested suspect in handcuffs before the media.

Perpendicular spread
Option strategy involving the purchase of options with similar expiration dates and different exercise prices.

Perpetual inventory
Recordkeeping system in which book inventory is updated daily.

PERPETUAL Trustees Australia Limited
PERPETUAL Trustees Australia Limited is a large Australian company in the field of diversified financials. Their Australian Stock Exchange (ASX) code is PPT.

Perpetual warrants
Warrants that have no expiration date.

Perpetuity
A constant stream of identical cash flows without end, such as a British consol.



PREVIOUS AND NEXT TERMS
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Permanent life insurance
An umbrella term for life insurance plans that do not expire (unlike term life insurance) and combine a death benefit with a savings portion.

Permanent spontaneous current liabilities
The minimum level of spontaneous liabilities that is always maintained by a firm.

Permissiable nonbank activities
Financial activities closely related to banking that may be engaged in by bank holding companies (BHCs), either directly or through nonbank subsidiaries.

Perp walk
A slang term describing the police action of parading an arrested suspect in handcuffs before the media.

Perpendicular spread
Option strategy involving the purchase of options with similar expiration dates and different exercise prices.

Perpetual bond

Perpetual inventory
Recordkeeping system in which book inventory is updated daily.

Perpetual warrants
Warrants that have no expiration date.

Perpetuity
A constant stream of identical cash flows without end, such as a British consol.

Perquisites
Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office decoration.

Personal article floater
Insurance policy attachment designed to cover specified personal valuables.

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This dictionary contains 24549 terms.







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